A sustainable production-inventory model with imperfect quality under preservation technology and quality improvement investment

Arash Sepehri, Umakanta Mishra, Biswajit Sarkar

Research output: Contribution to journalArticlepeer-review

Abstract

Incorporating qualities and environmental concerns have received significant attention in the literature on production and inventory management for deteriorating items; however, scarce papers have emphasized these two concurrently. Therefore, it is required to incorporate these two aspects for deteriorating items to fill this gap in the literature and provide a better insight into practice. This paper elaborates a sustainable production inventory model for poor quality deteriorating items which (a) items deteriorate at a constant rate and the deterioration progress can be controlled by investing in preservation technology; (b) carbon is emitted due to production operations, and it can be controlled by investing in carbon reduction technology; (c) a fraction of manufacture items are imperfect, and the quality can be enhanced by investing in quality improvement. The paper aims to discuss the impact of preservation and carbon reduction technologies on the total profit to help decision-makers make more efficient replenishment and pricing decisions. An algorithm is proposed to determine optimal values for five decision variables. A numerical experiment is illustrated to validate the mathematical formulation, and the impact of parameters on total profit and managerial insights are discussed using sensitivity analysis.

Original languageEnglish
Article number127332
JournalJournal of Cleaner Production
Volume310
DOIs
Publication statusPublished - 2021 Aug 10

Bibliographical note

Funding Information:
The work is supported by the National Research Foundation of Korea (NRF) grant, funded by the Korea Government (MSIT) ( NRF-2020R1F1A1064460 ).

Publisher Copyright:
© 2021 Elsevier Ltd

All Science Journal Classification (ASJC) codes

  • Renewable Energy, Sustainability and the Environment
  • Environmental Science(all)
  • Strategy and Management
  • Industrial and Manufacturing Engineering

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