scholarly journals Carbon-Regulated EOQ Models with Consumers’ Low-Carbon Awareness

2019 ◽  
Vol 11 (4) ◽  
pp. 1004 ◽  
Author(s):  
Zhimiao Tao ◽  
Jiuping Xu
Keyword(s):  
Inventory Management ◽  
Carbon Tax ◽  
Optimization Methods ◽  
Inventory Systems ◽  
Optimal Order ◽  
Low Carbon ◽  
Numerical Examples ◽  
Low Carbon Economy ◽  
Eoq Model ◽  
Classical Economic

In the context of a low-carbon economy, firms must make positive responses in their operation management, including inventory management. Carbon-emission regulation policies have marked their influence on the optimization of low-carbon inventory systems. In addition to regulation policies, consumers’ low-carbon awareness can also influence inventory systems by affecting demand. This study investigates the influence of regulation policies and consumers’ low-carbon awareness on optimal order size, emission levels, and total costs. Two widely used regulation policies, i.e., the carbon-tax mechanism and cap-and-trade mechanism, are incorporated into the classical Economic Order Quantity (EOQ) model. Analytical conclusions were obtained by optimization methods to indicate the influences of regulation policies and consumers’ low-carbon awareness. Our study implies that inventory systems under different regulation policies perform similarly except with regard to total cost. Numerical examples provide more support for these analytical conclusions. Some managerial insights can be derived from the analytical conclusions and numerical examples.

AN EOQ MODEL WITH LIMITED STORAGE CAPACITY UNDER TRADE CREDITS

2007 ◽  
Vol 24 (04) ◽  
pp. 575-592 ◽  
Author(s):  
LIANG-YUH OUYANG ◽  
KUN-SHAN WU ◽  
CHIH-TE YANG
Keyword(s):  
Storage Capacity ◽  
Optimal Solution ◽  
Inventory Systems ◽  
Simple Method ◽  
Eoq Model ◽  
Trade Credits ◽  
Cash Discount ◽  
Delay In Payments ◽  
Classical Economic ◽  
Theoretical Results

In the classical economic order quantity (EOQ) inventory model, it was assumed that the retailer must pay for the received items immediately. However, in practice, the supplier not only allows retailer to settle the account after a certain fixed period but also may offer a cash discount to encourage the retailer to pay for his purchases as soon as possible. On the other hand, it is common practice in most inventory systems to hold excess stocks in a rented warehouse whenever the storage capacity of the owned warehouse is insufficient. Therefore, the purpose of this paper is to establish an EOQ model with limited storage capacity, in which the supplier provides cash discount and permissible delay in payments for the retailer. In the model, we develop some useful theorems to characterize the optimal solution and provide a simple method to find the optimal replenishment cycle time and payment time. Finally, several numerical examples are given to illustrate the theoretical results and some managerial insights are also obtained.

scholarly journals Government Subsidy for Remanufacturing or Carbon Tax Rebate: Which Is Better for Firms and a Low-Carbon Economy

2017 ◽  
Vol 9 (1) ◽  
pp. 156 ◽  
Author(s):  
Tong Shu ◽  
Zhizhen Peng ◽  
Shou Chen ◽  
Shouyang Wang ◽  
Kin Lai ◽  
...  
Keyword(s):  
Carbon Tax ◽  
Government Subsidy ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Carbon Economy

scholarly journals The Impacts and Countermeasures of levying Carbon Tax in China under Low-carbon Economy

2011 ◽  
Vol 5 ◽  
pp. 1968-1973 ◽  
Author(s):  
Wei Zhenxiang ◽  
Li Weijuan ◽  
Wang Ti
Keyword(s):  
Carbon Tax ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Carbon Economy

The Thinking of Carbon Emissions Reduction Path under the Current Conditions of our Country - Based on the Comparison and Analysis of Carbon Trading and Carbon Tax

2013 ◽  
Vol 807-809 ◽  
pp. 1070-1074
Author(s):  
De Xin Guo ◽  
Qun Xu
Keyword(s):  
Fossil Fuels ◽  
Carbon Tax ◽  
Global Climate ◽  
Internal Conflict ◽  
Emissions Reduction ◽  
Carbon Trading ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Carbon Emissions Reduction ◽  
Global Transition

In the 21st century, with the increasingly serious global climate problems, reducing greenhouse gas emissions and achieve the global transition to a low-carbon economy, has gradually become the consensus of all countries in the world. And our country as the largest developing country and also is highly depend on fossil fuels, how to give attention to both promote the economic development, to meet people's growing material and cultural needs and protect the environment comprehensive energy conservation and emissions reduction between the internal conflict, is the problem which our country must seriously face and solve. This article will introduce the carbon trading and carbon tax and combined with the current China's national condition analysis the path choice of implementation of carbon emission reduction work in China.

Towards a low-carbon economy: Coping with technological bifurcations with a carbon tax

2012 ◽  
Vol 34 (6) ◽  
pp. 2081-2088 ◽  
Author(s):  
Chunjie Chi ◽  
Tieju Ma ◽  
Bing Zhu
Keyword(s):  
Carbon Tax ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Carbon Economy

EOQ Model with Stock-Level Dependent Demand and Different Holding Cost Functions

2017 ◽  
Vol 8 (4) ◽  
pp. 59-75 ◽  
Author(s):  
H.S. Shukla ◽  
R.P. Tripathi ◽  
Neha Sang
Keyword(s):  
Order Approximation ◽  
Optimal Solution ◽  
Optimal Order ◽  
Order Quantity ◽  
Inventory Cost ◽  
Stock Level ◽  
Numerical Examples ◽  
Eoq Model ◽  
Holding Cost ◽  
Dependent Demand

This paper presents EOQ (Economic Order Quantity) model with stock- level dependent demand and different types of holding cost function. We show that the total relevant inventory cost per unit time is convex with respect to cycle time. Mathematical models are established to determine optimal order quantity and total relevant inventory cost. Numerical examples are provided for two different models i.e. (i): Instantaneous replenishment with inventory dependent holding cost and (ii) Instantaneous replenishment with quadratic time dependent carrying cost. Numerical examples are provided to illustrate the proposed model. Sensitivity analysis of the optimal solution with respect to the parameters of the system is carried out. The second order approximation is used for finding closed form optimal solution. Mathematica 5.2 software is used to find numerical results.

2011 PESA industry review: production and development

2012 ◽  
Vol 52 (1) ◽  
pp. 89
Author(s):  
Lou Dello
Keyword(s):  
Carbon Tax ◽  
The United States ◽  
Gas Production ◽  
Oil Field ◽  
Low Carbon ◽  
Unconventional Gas ◽  
Hydrocarbon Production ◽  
North West ◽  
Low Carbon Economy ◽  
Development Costs

2011 was a lacklustre year for Australian hydrocarbon production, however a stellar year for LNG development. Domestic gas production was flat despite two new gas developments, Reindeer/Devil Creek and Halyard/Spar, which came into production during the year. Oil production fell, primarily due to the redevelopment of North West Shelf oil facilities, with Kitan in the Timor Sea being the only new offshore oil field that commenced production. LNG production was also flat however, Final Investment Decisions (FID) were announced for five new LNG projects, including Ichthys early in 2012, bringing the combined value of all eight sanctioned LNG projects to more than $180 billion. This is a huge volume of development, not only for the industry but for the whole Australian economy. Importantly, it has also moved Australia closer to becoming the world’s largest LNG producer. Increasing development costs and competition for skilled labour still remain the biggest challenges for the industry. Introduction of the carbon tax was also an important development in 2011, marking a significant step towards a low-carbon economy and increasing the opportunity for natural gas, but also burdening trade-exposed industries like LNG. The success of unconventional gas in the United States and CSG in Australia has sparked a step-change in exploration and development of unconventional gas in onshore Australia. Consolidation in coal seam gas sector continued on the east coast with the two acquisitions of Eastern Star Gas by Santos and Bow Energy by Arrow Energy. Continuing to effectively engage with the community will be central to the industry’s success.

Drawing Lessons from Foreign Experiences and Levying Carbon Tax in China at the Proper Time

2013 ◽  
Vol 869-870 ◽  
pp. 1044-1047
Author(s):  
De Fa Cai ◽  
Ting Xue
Keyword(s):  
Climate Change ◽  
Global Warming ◽  
Environmental Problem ◽  
Carbon Tax ◽  
Proper Time ◽  
Human Society ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
The World ◽  
Carbon Economy

Global warming is the top ten environmental problem of the world, and the greenhouse effect caused by a large number of CO2 emissions from human society is the root of climate change. Currently, the global warming becomes serious and has become the crisis and challenge of all the world. Low carbon economy is the best mode of coping with the global warming and realizing sustainable development of economy and society. In many policies to promote low carbon economic development, various related carbon tax policies and regulations are still the most dependent means of every country. The carbon tax levied by part of OECD countries is worthy of our reference.

Carbon Tax Research Based on the Perspective of the Low-Carbon Economy

2012 ◽  
Vol 524-527 ◽  
pp. 2356-2359
Author(s):  
Shu Bin Jiang ◽  
Jun Jie Xu
Keyword(s):  
Climate Change ◽  
Carbon Tax ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
The World ◽  
Important Approach ◽  
Important Means ◽  
Tax Research ◽  
Carbon Economy

Global warming is one of the problems paid close attention extensively in the world today. Meanwhile, the development of the world economy demands more and more oil, coal and other energy, which results in an unceasing increase of greenhouse gas emissions and intensifies the climate change. The development of the low-carbon economy has become an important means to address climate change issues to a country, and the carbon tax is an important approach to achieve the development of the low-carbon economy. This paper is based on the perspective of the low-carbon economy, starting from the role of the tax on the economy to study the role of the tax on the low-carbon economy, and ultimately to design the implementation of the tax .

The Policy Systems of Low-Carbon Economy for Jiangxi Province

2013 ◽  
Vol 361-363 ◽  
pp. 892-897
Author(s):  
Qiu Gen Zhang ◽  
Yin Yin ◽  
Li'an Wei
Keyword(s):  
Technology Policy ◽  
Carbon Tax ◽  
Management Policy ◽  
Jiangxi Province ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Sound Policy ◽  
Industry Policy ◽  
Policy Systems ◽  
Carbon Economy

The low-carbon economy is an economy with externality. It has a high risk to develop low-carbon industries and low-carbon technologies. A sound policy system should be enriched and perfected in promoting the development of low-carbon economy in Jiangxi Province although there were some fiscal and taxation policies. In order to promote rapid and healthy development of low-carbon economy in Jiangxi Province, the comprehensive low-carbon economy policy systems had been proposed which including low-carbon tax policy, low-carbon finance policy, low-carbon industry policy, low-carbon investment policy, low-carbon technology policy, low-carbon consumption policy and carbon management policy.

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