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Abstract
Aspects in Mining & Mineral Science
Optimal Inventory Strategies for Reducing Carbon Emissions Through Mathematical Model
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Open or Close Priyan S*
Department of Mathematics, Mepco Schlenk Engineering College, India
*Corresponding author:Priyan S, Department of Mathematics, India
Submission: February 26, 2019; Published: April 10, 2019
ISSN : 2578-0255Volume2 Issue5
Abstract
Today industries are looking for solutions to reduce carbon emissions associated with their operations. Operational adjustments, such as modifications in batch sizes or order quantities, have proven to be an effective way to decrease emissions. This paper provides a new mathematical model which integrate cost and emissions in transportation and storage to execute optimal operational adjustments for defective products in a two-echelon supply chain system. This research may help both the government and the industry to adopt appropriate carbon reduction regulations.
Keywords: Optimization; Inventory; Carbon emission; Convex
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