| Title |
A holistic approach to sustainable manufacturing: Rework, green technology, and carbon policies |
| ID_Doc |
76547 |
| Authors |
Gupta, A; Khanna, A |
| Title |
A holistic approach to sustainable manufacturing: Rework, green technology, and carbon policies |
| Year |
2024 |
| Published |
|
| DOI |
10.1016/j.eswa.2023.122943 |
| Abstract |
The significance of sustainability and environmental conservation is on the rise, garnering increasing attention from customers, businesses, industries, and regulatory authorities. To foster sustainable manufacturing practices, this research paper presents a comprehensive framework that integrates synergistic elements such as rework strategies, green technology, and carbon control policies. Imperfect quality items are being considered in the model which are proposed to be dealt with a dual approach: either salvaging or reworking them. The study also investigates the impact of carbon control policies on the manufacturing industry, focusing on sustainability and the equilibrium between environmental protection and economic growth. These policies aim to regulate carbon emissions by imposing penalties or incentives, thus encouraging companies to adopt practices that reduce their carbon footprint. Furthermore, investing in green technology offers environmental benefits, cost savings, a competitive advantage, and regulatory compliance. It helps in carbon reduction through which organizations can assess their cleaner practices and environmental efforts. The objective of the developed model is to maximize the expected profit by optimizing selling price, green investment, and production quantity. Analysis of the numerical results of the proposed study is being provided to demonstrate its validity and reliability. Results demonstrated that the utilization of the rework process yields superior outcomes compared to the scenario without rework. A closer evaluation reveals that the limited carbon policy with the rework process leads to significantly diminished levels of carbon emissions and augmented profitability in contrast to alternative policies. Importantly, this approach exhibits a remarkable 2.13% higher economic efficiency and an impressive 37.10% greater adherence to environmentally sustainable practices, thus highly favoring the adoption of such strategies. Consequently, the manufacturing industry can reduce greenhouse gas emissions while promoting economic growth and profitability through the implementation of carbon control policies and investment in green technology, particularly in conjunction with rework processes. |
| Author Keywords |
Imperfect production; Rework; Green technology investment; Price and environment sensitive demand; Carbon emissions policies |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED) |
| EID |
WOS:001166330600001 |
| WoS Category |
Computer Science, Artificial Intelligence; Engineering, Electrical & Electronic; Operations Research & Management Science |
| Research Area |
Computer Science; Engineering; Operations Research & Management Science |
| PDF |
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