A dynamic programming-based sustainable inventory-allocation planning problem with carbon emissions and defective item disposal under a fuzzy random environment

DOI10.1155/2018/9376080MaRDI QIDQ1721641zbMATH OpenOpenAlexFDO

Authors Kai Kang, Wei Pu, Yanfang Ma

Publication date 8 February 2019

Published in Mathematical Problems in Engineering (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1155/2018/9376080

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Multi-objective and goal programming (90C29) Fuzzy and other nonstochastic uncertainty mathematical programming (90C70)

Review text

Summary: There is a growing concern that business enterprises focus primarily on their economic activities and ignore the impact of these activities on the environment and the society. This paper investigates a novel sustainable inventory-allocation planning model with carbon emissions and defective item disposal over multiple periods under a fuzzy random environment. In this paper, a carbon credit price and a carbon cap are proposed to demonstrate the effect of carbon emissions' costs on the inventory-allocation network costs. The percentage of poor quality products from manufacturers that need to be rejected is assumed to be fuzzy random. Because of the complexity of the model, dynamic programming-based particle swarm optimization with multiple social learning structures, a DP-based GLNPSO, and a fuzzy random simulation are proposed to solve the model. A case is then given to demonstrate the efficiency and effectiveness of the proposed model and the DP-based GLNPSO algorithm. The results found that total costs across the inventory-allocation network varied with changes in the carbon cap and that carbon emissions' reductions could be utilized to gain greater profits.

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(3)

• Sustainable inventory prediction with random defect and rework using Bat algorithm
• Multi-objective newsboy problem with random-fuzzy demand
• Green probabilistic inventory model with shortage backordering, carbon emission cost, and imperfect quality items: a Newton-Raphson method approach using Python

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