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Effect of Green Technology Investment on a Production-Inventory System with Carbon Tax
Author
Source
Advances in Operations Research
Issue
Vol. 2017, Issue 2017 (31 Dec. 2017), pp.1-12, 12 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2017-12-13
Country of Publication
Egypt
No. of Pages
12
Main Subjects
Information Technology and Computer Science
Abstract EN
Carbon emissions play the central role in global warming.
Manufacturing firms are significant contributors to carbon emissions.
In many countries, regulatory authorities are taking actions to reduce emissions.
Carbon taxation and cap-and-trade schemes are two mechanisms implemented in many countries.
In the present paper, the author analyzes a production-inventory model under a carbon tax system.
The production rate is assumed to be a decision variable and can be set at any level within machine limits.
A proportion of items produced are defective, and this proportion depends on the production rate.
Demand depends on the selling price.
Unit price is a decreasing function of the production rate.
Emissions can be reduced to some extent by capital investment on green technology, and this capital investment amount is a decision variable.
Customers are categorized as retail customers and wholesale customers.
A discount is offered to the wholesale customers on the regular selling price.
The results are illustrated by a numerical example and a sensitivity analysis is performed.
American Psychological Association (APA)
Datta, Tapan Kumar. 2017. Effect of Green Technology Investment on a Production-Inventory System with Carbon Tax. Advances in Operations Research،Vol. 2017, no. 2017, pp.1-12.
https://search.emarefa.net/detail/BIM-1125229
Modern Language Association (MLA)
Datta, Tapan Kumar. Effect of Green Technology Investment on a Production-Inventory System with Carbon Tax. Advances in Operations Research No. 2017 (2017), pp.1-12.
https://search.emarefa.net/detail/BIM-1125229
American Medical Association (AMA)
Datta, Tapan Kumar. Effect of Green Technology Investment on a Production-Inventory System with Carbon Tax. Advances in Operations Research. 2017. Vol. 2017, no. 2017, pp.1-12.
https://search.emarefa.net/detail/BIM-1125229
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1125229