Imperfect Production–Inventory Models for Deteriorating Items With Carbon Cap-and-Trade Policy and Advance-Cash- Credit Payment
學年 112
學期 2
出版(發表)日期 2024-04-24
作品名稱 Imperfect Production–Inventory Models for Deteriorating Items With Carbon Cap-and-Trade Policy and Advance-Cash- Credit Payment
作品名稱(其他語言)
著者 Yang, Chih-te
單位
出版者
著錄名稱、卷期、頁數 IEEE Access 12, p.66259-66280
摘要 Global warming, driven by excessive carbon emissions, harms nature and society. Governments’ carbon reduction policies are crucial for sustainable industrial growth, integrating eco-friendly practices into production decisions. In addition, sellers often demand upfront payment for goods as a performance guarantee, receive a portion upon delivery, and finalize the transaction on credit. This advance-cash-credit (ACC) payment scheme is becoming increasingly common. Based on the above, this study proposes a production–inventory model with a carbon cap-and-trade policy and an ACC payment scheme and discusses optimal production and replenishment strategies. We also consider deteriorating raw materials, deteriorating finished products, and an imperfect production system. Mathematical methods and numerical examples are discussed to clarify the solution process, and a sensitivity analysis of parameters is performed. We demonstrate that under the two-stage trade credit and ACC scheme, a larger credit payment component enables the production–inventory system to generate higher total profits, and that a lower charged interest, higher earned interest, or later overall payment (for the ACC scheme) leads to lower carbon emissions. Furthermore, changing carbon emission quota does not affect annual carbon emissions but increasing carbon trading price does, thereby encouraging companies to reduce annual carbon emissions under a carbon cap-and-trade policy.
關鍵字 Production–inventory model;advance-cash-credit payment;deterioration;defective item;carbon emissions
語言 en_US
ISSN 2169-3536
期刊性質 國外
收錄於 SCI
產學合作
通訊作者 Chih-Te Yang
審稿制度
國別 USA
公開徵稿
出版型式 ,電子版
SDGS 負責任的消費與生產