{"title":"限额与交易政策下价格依赖需求的可持续库存模型","authors":"Anamika Sharma, Geetanjali Sharma","doi":"10.12988/ams.2023.917389","DOIUrl":null,"url":null,"abstract":"Cap and trade can be effective in reducing emissions and promoting sustainability by providing a clear measurable target and a flexible, market-based mechanism for achieving that target. In this paper, demand is taken as selling price dependent. The effect of inflation is also taken into consideration. We developed a sustainable inventory model with a cap-and-trade policy. The model aims to find the optimal inventory level for a retailer that balances economic sustainability and environmental responsibilities. By considering the cost of carbon emissions and the financial impact of inventory levels on the company, the model helps managers make informed decisions about inventory control that support both economic and environmental goals. The numerical illustration is carried out by using the software Mathematica 12.0. Sensitivity analysis is carried out to see the behavior of different parameters on an optimal solution.","PeriodicalId":49860,"journal":{"name":"Mathematical Models & Methods in Applied Sciences","volume":"10 1","pages":""},"PeriodicalIF":3.6000,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Sustainable inventory model with price dependent demand under cap-and-trade policy\",\"authors\":\"Anamika Sharma, Geetanjali Sharma\",\"doi\":\"10.12988/ams.2023.917389\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Cap and trade can be effective in reducing emissions and promoting sustainability by providing a clear measurable target and a flexible, market-based mechanism for achieving that target. In this paper, demand is taken as selling price dependent. The effect of inflation is also taken into consideration. We developed a sustainable inventory model with a cap-and-trade policy. The model aims to find the optimal inventory level for a retailer that balances economic sustainability and environmental responsibilities. By considering the cost of carbon emissions and the financial impact of inventory levels on the company, the model helps managers make informed decisions about inventory control that support both economic and environmental goals. The numerical illustration is carried out by using the software Mathematica 12.0. Sensitivity analysis is carried out to see the behavior of different parameters on an optimal solution.\",\"PeriodicalId\":49860,\"journal\":{\"name\":\"Mathematical Models & Methods in Applied Sciences\",\"volume\":\"10 1\",\"pages\":\"\"},\"PeriodicalIF\":3.6000,\"publicationDate\":\"2023-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Mathematical Models & Methods in Applied Sciences\",\"FirstCategoryId\":\"100\",\"ListUrlMain\":\"https://doi.org/10.12988/ams.2023.917389\",\"RegionNum\":1,\"RegionCategory\":\"数学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"MATHEMATICS, APPLIED\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Mathematical Models & Methods in Applied Sciences","FirstCategoryId":"100","ListUrlMain":"https://doi.org/10.12988/ams.2023.917389","RegionNum":1,"RegionCategory":"数学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MATHEMATICS, APPLIED","Score":null,"Total":0}
Sustainable inventory model with price dependent demand under cap-and-trade policy
Cap and trade can be effective in reducing emissions and promoting sustainability by providing a clear measurable target and a flexible, market-based mechanism for achieving that target. In this paper, demand is taken as selling price dependent. The effect of inflation is also taken into consideration. We developed a sustainable inventory model with a cap-and-trade policy. The model aims to find the optimal inventory level for a retailer that balances economic sustainability and environmental responsibilities. By considering the cost of carbon emissions and the financial impact of inventory levels on the company, the model helps managers make informed decisions about inventory control that support both economic and environmental goals. The numerical illustration is carried out by using the software Mathematica 12.0. Sensitivity analysis is carried out to see the behavior of different parameters on an optimal solution.
期刊介绍:
The purpose of this journal is to provide a medium of exchange for scientists engaged in applied sciences (physics, mathematical physics, natural, and technological sciences) where there exists a non-trivial interplay between mathematics, mathematical modelling of real systems and mathematical and computer methods oriented towards the qualitative and quantitative analysis of real physical systems.
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Special attention will be paid to the analysis of nonlinearities and stochastic aspects.
Within the above limitation, scientists in all fields which employ mathematics are encouraged to submit research and review papers to the journal. Both theoretical and applied papers will be considered for publication. High quality, novelty of the content and potential for the applications to modern problems in applied sciences and technology will be the guidelines for the selection of papers to be published in the journal. This journal publishes only articles with original and innovative contents.
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