A green economic production quantity model: a case study
by Elnaz Ebrahimi; Babak Shirazi; Iraj Mahdavi; Alireza Arshadi Khamseh
International Journal of Global Warming (IJGW), Vol. 28, No. 3, 2022

Abstract: The government can affect supply chain decisions by regulating and controlling carbon trading prices. Direct accounting, carbon taxation, direct cap, carbon-and-offset, and cap-and-trade schemes are mechanisms implemented in numerous countries. The present paper analyses a green economic production quantity (G-EPQ) model under the different regulatory systems. The proposed solution method employs metaheuristics approaches, including genetic algorithm (GA), simulated annealing (SA), Keshtel algorithm (KA) and particle swarm optimisation (PSO). Regarding the computational time and solution quality, the algorithms are compared to prove the high performance of the proposed PSO for solving the G-EPQ model.

Online publication date: Tue, 01-Nov-2022

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