Sustainable Inventory Management for Environmental Impact through Partial Backordering and Multi-Trade-Credit-Period

被引：26

作者：

Sarkar, Biswajit ^{[1
]}

Ahmed, Waqas ^{[1
]}

Choi, Seok-Beom ^{[2
]}

Tayyab, Muhammad ^{[1
]}

机构：

[1] Hanyang Univ, Dept Ind & Management Engn, Ansan 15588, Gyeonggi Do, South Korea

[2] Cheju Halla Univ, Dept Int Business, Jeju Do 63092, South Korea

来源：

SUSTAINABILITY | 2018年 / 10卷 / 12期

关键词：

sustainable inventory model; defective items; environmental impact; shortages; multi-delay-in-payment; algebraic approach; ECONOMIC ORDER QUANTITY; IMPERFECT PRODUCTION SYSTEM; RANDOM DEFECTIVE RATE; SUPPLY CHAIN; EOQ MODEL; QUALITY IMPROVEMENT; PERMISSIBLE DELAY; INSPECTION ERRORS; CARBON EMISSIONS; POLICY;

D O I：

10.3390/su10124761

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

Incorporation of sustainable management for the rework of defective items brings long lasting benefits. In global business, there are situations when the products are procured from a global supplier. There are chances that the received lot may contain a fraction of imperfect products. These imperfect products are still valuable and can be repairable to save the environment. It is sustainable to repair imperfect items in a local repair store as compared to sending it back to the supplier. The cost of carbon emissions is also incorporated in the function to incorporate the environmental impact on total profit. Meanwhile, the supplier also offers a multi-trade-credit-period to the buyer. The developed model is sustainable and reduces the environmental impact as well as benefits for interim financing. This paper has an objective to maximize the total profit by developing a synergic economic order quantity model by considering multi-trade-credit policy, rework, and shortages simultaneously. This model can help in making decisions to enhance the performance of sustainable inventory management by controlling the cycle time and a fraction of time for a global supply chain. A non-derivative approach is employed to develop a closed-form optimal result. The numerical illustration with sensitivity analysis is also drawn to provide managerial insights into real practices.

引用

页数：28