Abstract
The effort for carbon emission reduction can be a useful measure of sustainable supply chain management and preservation technology plays an important role in reducing the rate of deterioration. In addition, the industry initiated a customer awareness program, and advertising measures are considered to control the rate of deterioration of products. A mathematical model is proposed to maximize profit by maintaining sustainability. The model is solved with a nonlinear optimization technique using closed-form solutions of the decision variables. Moreover, the model is examined with numerical experiments. Several special cases are discussed to show the maximum profit generated by the proposed model. The numerical experiments show that effort for carbon emission reduction is largely beneficial for supply chain management sustainability. It is also shown that improved preservation strategies can efficiently reduce the deterioration rates of products.
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More From: Journal of the Korean Institute of Industrial Engineers
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