Sustainable EOQ under Lead-Time Uncertainty and Multi-Modal Transport

Lee, Soon Kyo; Yoo, Seung Hun; Cheong, Taesu

doi:10.3390/su9030476

Cited by 13 publications

(12 citation statements)

References 17 publications

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“… √ Emission cost Absi et al (2016) Single echelon √ √ √ Simplified Carbon cap Cheng, Qi, Wang, and Zhang (2016) Two echelon √ √ √ Fixed + Var. √ Four policies Mohammed et al (2017) Multi echelon √ √ √ √ Simplified Four policies Ghosh et al (2017) SV-SB √ √ √ None Carbon cap Li, Su, and Ma (2017) Two echelon √ √ √ Simplified Carbon tax, Cap & trade Lee et al (2017) Single echelon √ √ √ Fixed + Var. √ Emission cost Battini et al (2018) Single echelon √ √ √ Fixed + Var.…”

Section: Relevant Literaturementioning

confidence: 99%

“…Several authors considered different demand patterns when addressing sustainable lot sizing problems for non-perishable and cold items such as deterministic ( Battini et al, 2018 , Lee et al, 2017 ), dynamic or time varying ( Absi et al, 2013 , Shuang et al, 2019 ), and stochastic ( Mohammed et al, 2017 , Muriana, 2016 ). However, the dynamic or stochastic demand patterns are more practical as they better capture real-life dynamics of the demand for many products such as the ones under study here.…”

Section: Introductionmentioning

confidence: 99%

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Sustainable dynamic lot sizing models for cold products under carbon cap policy

As’ad

Hariga

Shamayleh

2020

Computers & Industrial Engineering

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Highlights A cold product exhibiting a discrete time varying demand is considered. Two models are presented one for the total carbon cap and the other for periodic cap. A lagrangean relaxation and a bi-section method based algorithms are developed for Model 1. Model 2 is solved via a dynamic programming based algorithm. Sensitivity analysis is performed on the effect of the preset total and periodic caps.

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Section: Relevant Literaturementioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Sustainable dynamic lot sizing models for cold products under carbon cap policy

As’ad

Hariga

Shamayleh

2020

Computers & Industrial Engineering

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“…A sustainable economic order quantity problem was examined by Lee et al [31] with multi-modal transportation options and a stochastic lead-time. Using numerical experiments, a mathematical model of the concomitant sustainable economic order quantity was presented and various scenarios were explored to determine the effects of incorporating sustainability considerations into the traditional inventory model on operational decisions which include sourcing decisions and the choice of transportation model combinations.…”

Section: Introductionmentioning

confidence: 99%

Shipment Policy for an Economic Production Quantity Model Considering Imperfection and Transportation Cost

et al. 2020

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Determining replenishment lot size and number of shipments in a traditional production setup has been of great interest among researchers during the last decades. In order to survive modern competition, the manufacturer has to make good decisions about the lot size that is to be shipped to the retailer. Recently, several researchers have developed mathematical models for modelling different real-world situations; however, these models are lacking due to a combination of imperfection in process and shipment lot sizing. Therefore, in the proposed research, shipment policy for an imperfect production setup has been developed with transportation costs taken into consideration. The model analyzed lot sizing for manufacturers and retailers with imperfections in terms of equally sized shipments. Furthermore, an all-unit-discount policy for shipment is considered in the proposed research, and at the end, numerical computation and sensitivity analyses are carried out to gain more insight into the specifications of the model.

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“…He et al [14] examine the production lot-sizing issues of a firm under the Cap and Trade and Carbon Tax regulations, respectively. Recently, Shu et al [15] extend the classical EOQ model, considering carbon emissions in (re)manufacturing activities and product transportation and provide an inventory cost model with carbon constraints, while Lee et al [16] examine a sustainable economic order quantity (S-EOQ) problem with a stochastic lead-time and multi-modal transportation options. By applying the model to various numerical scenarios, they show the effects of incorporating sustainability considerations into the traditional inventory model on operational decisions.…”

Section: Introductionmentioning

confidence: 99%

Sustainability in Material Purchasing: A Multi-Objective Economic Order Quantity Model under Carbon Trading

et al. 2018

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Sustainability in material purchasing is a growing area of research. Goods purchasing decisions strongly affect transportation path flows, vehicle consolidation, inventory levels, and related obsolescence costs. These choices have an economic impact on the supply chain, in terms of different logistic costs, and an environmental impact, in terms of the carbon emissions produced during goods transportation, storage and final recovery. In this paper, we initially analyze and compare the environmental economic policies established by the International Governments in relation to the carbon trading systems adopted. Then, we overcome a traditional single objective formulation, by developing a bi-objective lot-sizing model in which costs and emissions are kept separated and analyzed by using a Pareto frontier subject to a Cap and Trade mitigation policy. The model is useful in practice to support managers in understanding the Pareto frontier shape linked to a specific purchasing problem, defining the cost-optimal and emission-optimal solutions and identifying a sustainable quantity to purchase when a Cap and Trade mitigation policy is present. We further analyze the model behavior according to variation in market carbon price and we finally analytically demonstrate that today carbon prices are still far too low to motivate managers towards sustainable purchasing choices: there is still a gap of about 79%.

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Sustainable EOQ under Lead-Time Uncertainty and Multi-Modal Transport

Cited by 13 publications

References 17 publications

Sustainable dynamic lot sizing models for cold products under carbon cap policy

Sustainable dynamic lot sizing models for cold products under carbon cap policy

Shipment Policy for an Economic Production Quantity Model Considering Imperfection and Transportation Cost

Sustainability in Material Purchasing: A Multi-Objective Economic Order Quantity Model under Carbon Trading

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