Economic and environmental optimization of a large scale sustainable dual feedstock lignocellulosic-based bioethanol supply chain in a stochastic environment
“…It is evident from the literature that studies considering environmental issues in supply chains are popular (Osmani and Zhang, 2014;Leigh and Li, 2014;White and Lee, 2009). As for the integration of environmental issues through supply chain optimization, previous studies have employed different methods to evaluate environmental investment decisions.…”
This study investigates the mechanism that motivates supply chain firms to reduce environmental externalities while balancing the economic feasibility of the supply chain system under environmentally constrained circumstances in a competitive market. Taking government policy incentives into account, a quantitative model of an integrated supply chain that incorporates sustainable constraints is formulated to optimize supply chain firms’ operational strategies of producing environmental friendly products (EFPs). This study contributes to the literature with a better understanding the interplay and interrelation of multiple sustainable constraints and their impact on supply chain firms’ collaborative decisions. Our findings suggest that the decisions of operating EFPs are subject to sustainable constraints and that the government policy incentives play a dominant role overseeing supply chain firms’ environmental behaviors toward sustainability
“…It is evident from the literature that studies considering environmental issues in supply chains are popular (Osmani and Zhang, 2014;Leigh and Li, 2014;White and Lee, 2009). As for the integration of environmental issues through supply chain optimization, previous studies have employed different methods to evaluate environmental investment decisions.…”
This study investigates the mechanism that motivates supply chain firms to reduce environmental externalities while balancing the economic feasibility of the supply chain system under environmentally constrained circumstances in a competitive market. Taking government policy incentives into account, a quantitative model of an integrated supply chain that incorporates sustainable constraints is formulated to optimize supply chain firms’ operational strategies of producing environmental friendly products (EFPs). This study contributes to the literature with a better understanding the interplay and interrelation of multiple sustainable constraints and their impact on supply chain firms’ collaborative decisions. Our findings suggest that the decisions of operating EFPs are subject to sustainable constraints and that the government policy incentives play a dominant role overseeing supply chain firms’ environmental behaviors toward sustainability
“…Their model not only maximize the profit, but also minimizes CO2 emission. Osmani and Zhang (2014) by providing an optimization model maximized profit and minimized carbon emissions and performed modeling for dual-feedstock lignocellulosic-based bioethanol supply chain by considering the uncertainty in prices and supply and demand. The first stage determines strategic decisions while tactical decisions are made by the second stage.…”
“…Osmani and Zhang [23] also considered a time horizon of one year but with only four seasons. Their model is specific for bio-ethanol from crop residues and woody biomass with uncertainty in the supply, demand and prices.…”
mentioning
confidence: 99%
“…Most are restricted to a particular purpose: many are concerned with biofuels [18,19,20,22,23,24,27,29,30,31,32,33,36,37,41] …”
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