期刊
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
卷 244, 期 1, 页码 187-200出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.ejor.2015.01.026
关键词
Environmental regulation; Inventory; Trade credit; Default risk; Carbon emissions
资金
- Ministry of Science and Technology of Taiwan, Republic of China [MOST-103-2221-E-366-003, MOST-103-2221-E-231-007]
In this paper, we consider issues of sustainability in the context of joint trade credit and inventory management in which the demand depends on the length of the credit period offered by the retailer to its customers. We quantify the impacts of the credit period and environmental regulations on the inventory model. Starting with some mild assumptions, we first analyze the model with generalized demand and default risk rates under the Carbon Cap-and-Trade policy, and then we make some extensions to the model with the Carbon Offset policy. We further analytically examine the effects of carbon emission parameters on the retailer's trade credit and replenishment strategies. Finally, a couple of numerical examples and sensitivity analysis are given to illustrate the features of the proposed model, which is followed by concluding remarks. (C) 2015 Elsevier B.V. All rights reserved.
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