A New Sustainable Economic Production Quantity Model with Imperfect Production and Shortage

Mustafa Ceylan · Erdal Aydemır

14 citations0/0 files storedArabian Journal for Science and Engineering

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Supply Chain and Inventory Management Management and Optimization Techniques Sustainable Supply Chain Management

Abstract

Abstract Sustainability integrates business processes, efficiency, financial performance, and environmental impacts, posing an optimization challenge to minimize costs and greenhouse gas emissions. This study proposes a new sustainable economic production quantity (EPQ) model that incorporates environmental factors and accounts for variability in defective, repairable, and scrap products under stock-out case. The proposed model is applied to a real-life problem, and sensitivity analysis is analyzed in detail. The findings from the sensitivity analysis reveal that, following a 50% reduction in emission costs through green technology investments, total costs decreased by 9.457%. Simultaneously, production volume increased by 11.719%, while the maximum stock-out quantity declined by 2.031%.

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1990How Many Parts to Make at Once 2012The carbon-constrained EOQ 2010Environmentally responsible inventory models: Non-classical models for a non-classical era 2020A sustainable production-inventory model for a controllable carbon emissions rate under shortages 2014The carbon-constrained EOQ model with carbon emission dependent demand 2013A sustainable EOQ model: Theoretical formulation and applications 2019Inventory management in supply chains with consideration of Logistics, green investment and different carbon emissions policies 2011EOQ models for a coordinated two-level international supply chain considering imperfect items and environmental impact

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