Integrating Carbon Footprint into Coordination of Constant Pricing and Lot Sizing Problem

2012 ◽  
Vol 518-523 ◽  
pp. 3959-3967 ◽  
Author(s):  
Dao Ming Dai

The purpose of this paper is to improve our understanding of how carbon emission concerns could be integrated into operational decision-making with regard to procurement, production, and inventory management. Lot sizing model with constant product pricing can be modified to support decision-making that accounts for both profit and carbon footprint, by combining carbon footprint parameters with various decision variables. In the first case, the strict carbon cap is introduced into coordination of product pricing and lot sizing. The second case with carbon trade can be achieved by the Lagrangian relaxation of the carbon cap in the first case. In particular, the model with carbon trade is transformed into the third model with carbon tax when the carbon cap equals zero. The results show a series of insights that highlight the impact of operational decisions on carbon emissions and the importance of operational models in evaluation the impact of different regulatory policies and in assessing the benefits of investments in more carbon efficient technologies.

Processes ◽  
2021 ◽  
Vol 9 (8) ◽  
pp. 1271
Author(s):  
Humberto. J. Prado-Galiñanes ◽  
Rosario Domingo

Industries are nowadays not only expected to produce goods and provide services, but also to do this sustainably. What qualifies a company as sustainable implies that its activities must be defined according to the social and ecological responsibilities that are meant to protect the society and the environment in which they operate. From now on, it will be necessary to consider and measure the impact of industrial activities on the environment, and to do so, one key parameter is the carbon footprint. This paper demonstrates the utility of the LCI as a tool for immediate application in industries. Its application shall facilitate decision making in industries while choosing amongst different scenarios to industrialize a certain product with the lowest environmental impact possible. To achieve this, the carbon footprint of a given product was calculated by applying the LCI method to several scenarios that differed from each other only in the supply-chain model. As a result of this LCI calculation, the impact of the globalization of a good’s production was quantified not only financially, but also environmentally. Finally, it was concluded that the LCI/LCA methodology can be considered as a fundamental factor in the new decision-making strategy that sustainable companies must implement while deciding on the business and industrial plan for their new products and services.


2014 ◽  
Vol 936 ◽  
pp. 2368-2373
Author(s):  
Yue Jiang

Three modes of recycling and remanufacturing are discussed when the carbon tax is imposed, the impact of carbon emissions on the mode of recycling and remanufacturing is further analyzed. The results show that the optimal price and sales of the new product and remanufactured product in the second stage are relevant with the carbon emissions in their manufacturing and selling process, not relevant with the carbon emissions in their recycling process. OEM will be more inclined to remanufacture themselves with the increasing environment awareness of consumers.


2018 ◽  
Vol 3 (2) ◽  
pp. 126-135 ◽  
Author(s):  
Jessalyn K Holodinsky ◽  
Alka B Patel ◽  
John Thornton ◽  
Noreen Kamal ◽  
Lauren R Jewett ◽  
...  

Introduction In ischaemic stroke care, fast reperfusion is essential for disability free survival. It is unknown if bypassing thrombolysis centres in favour of endovascular thrombectomy (mothership) outweighs transport to the nearest thrombolysis centre for alteplase and then transfer for endovascular thrombectomy (drip-and-ship). We use conditional probability modelling to determine the impact of treatment times on transport decision-making for acute ischaemic stroke. Materials and methods Probability of good outcome was modelled using a previously published framework, data from the Irish National Stroke Register, and an endovascular thrombectomy registry at a tertiary referral centre in Ireland. Ireland was divided into 139 regions, transport times between each region and hospital were estimated using Google’s Distance Matrix Application Program Interface. Results were mapped using ArcGIS 10.3. Results Using current treatment times, drip-and-ship rarely predicts best outcomes. However, if door to needle times are reduced to 30 min, drip-and-ship becomes more favourable; even more so if turnaround time (time from thrombolysis to departure for the endovascular thrombectomy centre) is also reduced. Reducing door to groin puncture times predicts better outcomes with the mothership model. Discussion This is the first case study modelling pre-hospital transport for ischaemic stroke utilising real treatment times in a defined geographic area. A moderate improvement in treatment times results in significant predicted changes to the optimisation of a national acute stroke patient transport strategy. Conclusions Modelling patient transport for system-level planning is sensitive to treatment times at both thrombolysis and thrombectomy centres and has important implications for the future planning of thrombectomy services.


2021 ◽  
Vol 57 (9) ◽  
pp. 6254-6260
Author(s):  
Mohit Mohanan T, Dr.Vandana Sonwaney

This research study was conducted with the purpose of understanding the impact of COVID-19 on the logistics segment and the associated disruptions in the food supply chain. In the current times, the entire world is challenged by a disease called coronavirus or popularly known as Covid-19. In December 2019, Wuhan in China reported the first case ever. COVID-19 has heavily affected the supply chain networks, logistics in particular. Markets and firms are connected by Logistics companies through the provision of different services, including multimodal transportation, freight forwarding, warehouse management, and inventory management. A diverse pool of logistics players across the world have been impacted owing to the current state of the pandemic. This paper analyzes the disruptions in the movement and delivery of essential food items and how resilient a supply chain should be during such periods of crisis. An experiment was carried out to understand the factors affecting the food essentials delivery to the local kirana stores. For this, a survey of 200 respondents (kirana shop owners) was conducted with the help of a 14-item questionnaire. Factor analysis was the tool used to analyze the results and the software used was SPSS. The outcome of the analysis showed that 5 factors were extracted which tried to explain the 14 variables used in the survey which were afflicted due to the coronavirus pandemic.


2021 ◽  
Vol 11 (4) ◽  
pp. 354-365
Author(s):  
M. M. Balashov

The European Commission is currently preparing to implement a new form of carbon regulation a cross-border carbon tax. As conceived by the authors, such a decision will force exporters of goods with a significant amount of greenhouse gas emissions during production to improve the environmental friendliness of production and, as a result, to reduce their carbon footprint. In addition, the carbon tax will create a competitive advantage for foreign companies with low greenhouse gas emissions. Such a policy of the European Union can seriously affect the economy of the Russian Federation and Russian companies that are export-oriented. Today, all over the world, more and more importance is attached to environmentally neutral technologies and industries. To keep up with the global trend, as well as to maintain the level of competitiveness, the Russian economy needs to adapt. The speed and efficiency of adaptation directly depend on system solutions both at the state level (development of the necessary regulatory legal acts and standards for reporting and disclosure of information) and at the level of enterprises most sensitive to carbon regulation (audit of the carbon footprint, modernization of production facilities, responsible approach to neutralization carbon footprint). The purpose of this work is to study the impact of carbon regulation mechanisms on the development of industry in the Russian Federation, in accordance with it, the following tasks are formed: to describe the mechanisms of carbon regulation, to assess the economic impact on the domestic industry, to consider world practices of confirming the carbon footprint, to identify threats to implementation of the national program “International cooperation and export” from the introduction of carbon regulation.


2013 ◽  
Vol 12 (12) ◽  
pp. 1605
Author(s):  
Suren Pillay ◽  
Pieter W. Buys

Carbon excise tax was implemented on all passenger motor vehicles in South Africa as of 1 September 2010. Since its implementation, the impact of carbon tax on the corporate social investment (CSI) initiatives and expenditure of South African motor vehicle manufacturers has not been assessed. Given that the carbon tax price should ideally compensate for the damage caused by carbon emissions on the environment and people, the key knowledge gap this article aims to consider is whether the implementation of such a carbon tax is likely to affect the CSI decision-making process in respect of motor vehicle manufacturers in South Africa. The research methodology applied in this study is in the form of both a literature review and empirical research. A literature review was performed on the history, emergence and significance of CSI expenditure within the South African context. The empirical research includes an exploratory case study into the impact of the tax in the decision-making processes with regard to CSI expenditure, as well as the impact of carbon tax on CSI spending by motor vehicle manufacturers in South Africa. It was found that although the advent of carbon tax in the industry would place added pressure on the financial performance of the companies, it is unlikely that it would adversely affect the industrys commitment to the CSI initiatives.


2021 ◽  
Author(s):  
Edward Steele ◽  
Hannah Brown ◽  
Christopher Bunney ◽  
Philip Gill ◽  
Kenneth Mylne ◽  
...  

Abstract Metocean forecast verification statistics (or ‘skill scores’), for variables such as significant wave height, are typically computed as a means of assessing the (past) weather model performance over the particular area of interest. For developers, this information is important for the measurement of model improvement, while for consumers this is commonly applied for the comparison/evaluation of potential service providers. However, an opportunity missed by many is also its considerable benefit to users in enhancing operational decision-making on a real-time (future) basis, when combined with an awareness of the context of the specific decision being made. Here, we present two categorical verification techniques and demonstrate their application in simplifying the interpretation of ensemble (probabilistic) wave forecasts out to 15 days ahead, as pioneered – in operation – in Summer 2020 to support the recent weather sensitive installation of the first phase of a 36 km subsea pipeline in the Fenja field in the North Sea. Categorical verification information (based on whether forecast and observations exceed the user-defined operational weather limits) was constructed from 1460 archive wave forecasts, issued for the two-year period 2017 to 2018, and used to characterise the past performance of the European Centre for Medium-Range Weather Forecasts (ECMWF) ensemble prediction system (EPS) in the form of Receiver Operating Characteristic (ROC) and Relative Economic Value (REV) analysis. These data were then combined with a bespoke parameterization of the impact of adverse weather on the planned operation, allowing the relevant go/no-go ensemble probability threshold (i.e. the number of individual/constituent forecast members that must predict favourable/unfavourable conditions) for the interpretation of future forecasts to be determined. Following the computation of the probability thresholds for the Fenja location, trials on an unseen nine-month period of data from the site (Spring to Autumn 2019) confirm these approaches facilitate a simple technique for processing/interpreting the ensemble forecast, able to be readily tailored to the particular decision being made. The use of these methods achieves a considerably greater value (benefit) than equivalent deterministic (single) forecasts or traditional climate-based options at all lead times up to 15 days ahead, promising a more robust basis for effective planning than typically considered by the offshore industry. This is particularly important for tasks requiring early identification of long weather windows (e.g. for the Fenja tie-ins), but similarly relevant for maximising the exploitation of any ensemble forecast, providing a practical approach for how such data are handled and used to promote safe, efficient and successful operations.


Author(s):  
Nicolás Alejandro Gemelli

ABSTRACT The aim of this study was to analyze the impact coronavirus disease 2019 (COVID-19) had in Argentina during its initial stage, identify the measures taken to try to mitigate its impact, and briefly compare it with the influenza A H1N1 pandemic in 2009. This is a descriptive study. Pandemics constitute a serious problem to global health with a major impact on the affected countries’ populations. The recent COVID-19 outbreak represents one of the most important viral pandemics lately. It reached Argentina 64 days after the first case was identified in China. Since then, several measures were taken by the Argentinian government to try to mitigate its impact in this initial stage. An updated report of the current situation and its management in different countries is of vital importance regarding global health issues and may serve for feedback and decision-making.


Author(s):  
Iain Dinwoodie ◽  
David McMillan ◽  
Iraklis Lazakis ◽  
Yalcin Dalgic ◽  
Matthew Revie

This article considers the technical and practical challenges involved in modeling emerging engineering problems. The inherent uncertainty and potential for change in operating environment and procedures add significant complexity to the model development process. This is demonstrated by considering the development of a model to quantify the uncertainty associated with the influence of the wind and wave climate on the energy output of offshore wind farms which may result in sub-optimal operating decisions and site selection due to the competing influence of wind speed on power production and wave conditions on availability. The financial profitability of current and future projects may be threatened if climate uncertainty is not included in the planning and operational decision-making process. A comprehensive climate and wind farm operational model was developed using Monte Carlo operation to model the performance of offshore wind farms, identifying non-linear relationships between climate, availability and energy output. This model was evaluated by engineers planning upcoming offshore wind farms to determine its usefulness for supporting operational decision making. From this, consideration was given to the challenges in applying the Monte Carlo simulation for this decision process and in practice.


2011 ◽  
Vol 2 (4) ◽  
pp. 431-441 ◽  
Author(s):  
Lawrence C Bank ◽  
Benjamin P Thompson ◽  
Michael McCarthy

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