A Green Inventory Model for Growing Items with Mortality and Permissible Delay in Payment

Title

A Green Inventory Model for Growing Items with Mortality and Permissible Delay in Payment

Creator

Khileri, Prashant; Sharma, Ashish

Description

With rapid industrial growth, environmental concerns have become increasingly important. The expanding market and rising greenhouse gas emissions are significantly contributing to environmental degradation, pushing the Air Quality Index to high levels. Simultaneously, the growing global population is driving up the demand for livestock, which heavily relies on natural resources. This paper proposes an inventory model that incorporates key environmental factors, including carbon emission reduction through optimal investment, payment delays and mortality. The model aims to determine the optimal solution while taking into account the environmental impacts. An analytical discussion on the concavity of the objective function in relation to the decision variable is included. The paper outlines a solution methodology to obtain the optimal result, supported by a numerical example. Sensitivity analysis reveals that the selling price and investment in carbon emission reduction are the most influential parameters. 2025 IEEE.

Source

2025 7th International Conference on Information Systems and Computer Networks, ISCON 2025;

Date

01-01-2025

Publisher

Institute of Electrical and Electronics Engineers Inc.

Subject

Carbon emission reduction; Delay in payment; Environment; Growing items; Inventory model

Coverage

Khileri P., School of Sciences Christ (Deemed to Be University), Bangalore, India; Sharma A., School of Sciences Christ (Deemed to Be University), Bangalore, India

Rights

Restricted Access; Hardcopy may be available in the library

Relation

ISBN: 979-833159744-3;

Format

online

Language

English

Type

Conference paper

Identifier

https://doi.org/10.1109/ISCON65210.2025.11341741

https://www.scopus.com/pages/publications/105033356895?origin=resultslist