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Journals / Alphanumeric Journal / 2020 / Cilt: 8 - Sayı: 2

Multi-product Production-Inventory Model and Analysis within the Context of Environmental Sensitivity

Harun ÖZTÜRK
Pages
275–297
Publication Date
2022-10-11
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Two numerical examples with sensitivity analysis are provided to illustrate the results.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In recent years, accounting of carbon (CO2) emissions in the modeling of supply chains has become as important as achieving an effective coordination between supplier(s) and buyer(s).
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Key Findings & Data:Because, carbon emissions are a measure of the sensitivity to the environment.
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Conclusion & Impact:Two numerical examples with sensitivity analysis are provided to illustrate the results.
🔬Design:Modeling & Simulation
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

In recent years, accounting of carbon (CO2) emissions in the modeling of supply chains has become as important as achieving an effective coordination between supplier(s) and buyer(s). Because, carbon emissions are a measure of the sensitivity to the environment. In this study, a multi-product inventory problem containing defective products is considered under the assumptions of environmental sensitivity and limited storage space, and mathematical models are developed. The total cost of the problem comprise of cost of setup, cost of production, cost of screening, cost of disposal, cost of holding, cost of carbon emission and carbon emissiontax. The optimal production cycle time and production quantities that minimize the expected total cost are obtained with the help of a developed algorithm. All calculations in the developed algorithm are performed using Microsoft Excel program. Two numerical examples with sensitivity analysis are provided to illustrate the results.

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Cite This Article

ÖZTÜRK, H. (2022). Multi-product Production-Inventory Model and Analysis within the Context of Environmental Sensitivity. Alphanumeric Journal, Cilt: 8 - Sayı: 2, 275–297. https://ajindex.com/articles/435100

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