Inventory Policy for Deteriorating Items with TwoWarehouse and Effect of Carbon Emission
K.B.S. Kumar, , Meenu · cyberleninka.ru · 2021
In today's era, humans have shifted from the stage of fulfilling their needs to the stage of freedom where they indiscriminately use all the resources. This has increased the concern for protecting our nature and developing sustainable practices. So, an EOQ inventory model is formulated for decaying items with capacity constraint policy where demand is stock-dependent. Shortages are allowed with condition of partial backlogging. The impact of carbon emission is taken on holding cost and deterioration cost. Due to different conditions of storage, the deterioration rate is also different in different warehouses. The main focus of this study is to optimize total cost with carbon emission and total cycle time. An algorithm for the inventory model to find the best output is formulated here. Numerical example with sensitivity is also discussed to show the impact of carbon emission.