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Impacts of carbon emission reduction mechanisms on uncertain make-to-order manufacturing
- Source :
- International Journal of Production Research. 54:3311-3328
- Publication Year :
- 2015
- Publisher :
- Informa UK Limited, 2015.
-
Abstract
- Lot sizing in queuing networks is pivotal to batch manufacturing, especially in stochastic environments. Despite development in lot sizing optimisation, the results are often rendered unrealistic because few studies have considered the impacts of relevant environmental regulation policies on production planning. This paper incorporates stochastic lot sizing optimisation with two dominant carbon emission reduction mechanisms – the carbon emission constraint and the cap-and-trade system – to examine their operational and environmental impacts on make-to-order manufacturing. It also compares these two mechanisms in environmental conservation. Numerical experiments validate the importance of considering the carbon emission regulations to traditional production planning problems. The results highlight that the market-based characteristics of the cap-and-trade mechanism motivate firms with economic benefits to adopt low-carbon technologies and environmental-friendly facilities to curb greenhouse gases emission....
- Subjects :
- 0209 industrial biotechnology
021103 operations research
Build to order
Natural resource economics
Strategy and Management
0211 other engineering and technologies
chemistry.chemical_element
02 engineering and technology
Management Science and Operations Research
Environmental economics
Industrial and Manufacturing Engineering
Sizing
Reduction (complexity)
020901 industrial engineering & automation
Production planning
chemistry
Greenhouse gas
Economics
Emissions trading
Constraint (mathematics)
Carbon
Subjects
Details
- ISSN :
- 1366588X and 00207543
- Volume :
- 54
- Database :
- OpenAIRE
- Journal :
- International Journal of Production Research
- Accession number :
- edsair.doi...........d24a64d5c060b80a39113d666d2cc610
- Full Text :
- https://doi.org/10.1080/00207543.2015.1106606