Abstract

This study presents an inventory model with realistic factors such as price-sensitive demand, preservation technology investment, carbon emission, inflation and time-dependent holding cost. Carbon emissions are accounted for during holding and deterioration processes, integrating environmental sustainability into the model. Inflation effect is also considered over planning horizon and the holding cost is treated as a time dependent function. The objective function is to maximize the total profit by jointly optimizing the selling price, replenishment cycle, and preservation technology investment. Under inflationary conditions and sustainability limitations, the model offers managerial insights into striking a balance between economic and environmental performance in inventory systems.

Author

Atul Kumar Goel and Mani Dublish   ( Pages 207-226 )
Email:manidublish2@gmail.com
Affiliation: 2Department of Computer Applications, Ajay Kumar Garg Engineering College, Ghaziabad       DOI:

Keyword

non-instantaneous items, carbon emission, preservation technology, inflation

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