Sustainable inventory management based on environmental policies for the perishable products under first or last in and first out policy

نویسندگان

چکیده

Holistic, quality, and sustainability-based inventory policy for perishable items may prove to be a game-changer amid great concern over the carbon footprint global economic crises. In this paper, first-in-first-out (FIFO) last-in-first-out (LIFO) dispatching policies have been used examine effect of quality on fresh products' sales mind sustainability concern. The these products worsens with age. Its deterioration rate follows two parameters, Weibull distribution, as it gives better flexibility various subjected demonstrates fitness range shape scale parameters. An adequate preservation effort such controlled atmosphere (CA) storage modified packaging (MAP) techniques must applied during handling maintain quality. Consumers' purchasing behavior curiosity towards selling price drive demand variability. has considered function unit item. inflation viz. time value money also taken into account, affecting Authoritarian governments' norms emission control in taxation essential modern sustainable policies. present models determine lot size maximum average profit system. behaviors investigated using comprehensive sensitivity analysis that offers important operative implications. It found model is more profitable compared model, very rigid, little drastically decreases profit. Backlogging no impact order quantity but reduces yield because taxation.

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ژورنال

عنوان ژورنال: Journal of Industrial and Management Optimization

سال: 2023

ISSN: ['1547-5816', '1553-166X']

DOI: https://doi.org/10.3934/jimo.2022149