Sustainable production strategies for deteriorating and imperfect quality items with an investment in preservation technology

Autor: Aditi Khanna, Prerna Gautam, Priyamvada
Rok vydání: 2021
Předmět:
Zdroj: International Journal of System Assurance Engineering and Management. 12:910-918
ISSN: 0976-4348
0975-6809
DOI: 10.1007/s13198-021-01144-5
Popis: With the rapid development of sustainable practices, supply chain members are interested in performing well, not only economically but also environmentally. The present paper develops an imperfect production inventory model where items are prone to deterioration. The bad quality items so produced are separated and sold to a different market. However, the deterioration calls for effective techniques to curb the subsequent losses, for which an investment in preservation technology is considered. The carbon emissions associated with the production, storage, and preservation processes are considered. Moreover, some amount of waste is produced as a by-product of every production process, this waste is sent for proper disposal at a cost. Further, an attempt is made to implement sustainable production policies for minimizing carbon footprints. Hence, an inventory framework is proposed to meet the current environmental and economic challenges, and formulate policies that contribute to sustainable development. The study jointly optimizes the non-production time and invested amount in the preservation process to minimize the total costs. Numerical investigation and sensitivity analysis are done to establish key model features. Findings suggest the decision-makers with better insights to deal with deterioration effectively and at the same time remain environment savvy.
Databáze: OpenAIRE
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