Optimal Pricing, Advertising, Production, Inventory and Investing Policies in a Multi-Stage Sustainable Supply Chain

In this paper, the study of a sustainable production–inventory model with price and advertisement dependent on demand considering carbon emission reduction technology is investigated. The aim of this paper is to determine the optimal appropriate pricing, advertising, production, inventory, and capit...

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Autores principales:	Jia-Liang Pan, Chui-Yu Chiu, Kun-Shan Wu, Chih-Te Yang, Yen-Wen Wang
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	carbon emissions inventory sustainable supply chain management advertisement pricing Technology T
Acceso en línea:	https://doaj.org/article/f3f122857e4344919255311d59e2ff11
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spelling	oai:doaj.org-article:f3f122857e4344919255311d59e2ff112021-11-25T17:26:28ZOptimal Pricing, Advertising, Production, Inventory and Investing Policies in a Multi-Stage Sustainable Supply Chain10.3390/en142275441996-1073https://doaj.org/article/f3f122857e4344919255311d59e2ff112021-11-01T00:00:00Zhttps://www.mdpi.com/1996-1073/14/22/7544https://doaj.org/toc/1996-1073In this paper, the study of a sustainable production–inventory model with price and advertisement dependent on demand considering carbon emission reduction technology is investigated. The aim of this paper is to determine the optimal appropriate pricing, advertising, production, inventory, and capital investment decisions under various carbon emission policies to maximize the joint total profit of a multi-stage supply chain system. Various theoretical results and an algorithm are provided to verify and obtain the optimal solution of the problem. Further, the model is verified by numerical examples, and the robustness check of parameter variation is also analyzed. Finally, some management implications for decision makers are drawn from numerical examples. In summary, this study puts forward more realistic modeling hypothesis, which is beneficial to the academic research, and the research results can provide relevant decision makers with a model for managing a sustainable supply chain.Jia-Liang PanChui-Yu ChiuKun-Shan WuChih-Te YangYen-Wen WangMDPI AGarticlecarbon emissionsinventorysustainable supply chain managementadvertisementpricingTechnologyTENEnergies, Vol 14, Iss 7544, p 7544 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	carbon emissions inventory sustainable supply chain management advertisement pricing Technology T
spellingShingle	carbon emissions inventory sustainable supply chain management advertisement pricing Technology T Jia-Liang Pan Chui-Yu Chiu Kun-Shan Wu Chih-Te Yang Yen-Wen Wang Optimal Pricing, Advertising, Production, Inventory and Investing Policies in a Multi-Stage Sustainable Supply Chain
description	In this paper, the study of a sustainable production–inventory model with price and advertisement dependent on demand considering carbon emission reduction technology is investigated. The aim of this paper is to determine the optimal appropriate pricing, advertising, production, inventory, and capital investment decisions under various carbon emission policies to maximize the joint total profit of a multi-stage supply chain system. Various theoretical results and an algorithm are provided to verify and obtain the optimal solution of the problem. Further, the model is verified by numerical examples, and the robustness check of parameter variation is also analyzed. Finally, some management implications for decision makers are drawn from numerical examples. In summary, this study puts forward more realistic modeling hypothesis, which is beneficial to the academic research, and the research results can provide relevant decision makers with a model for managing a sustainable supply chain.
format	article
author	Jia-Liang Pan Chui-Yu Chiu Kun-Shan Wu Chih-Te Yang Yen-Wen Wang
author_facet	Jia-Liang Pan Chui-Yu Chiu Kun-Shan Wu Chih-Te Yang Yen-Wen Wang
author_sort	Jia-Liang Pan
title	Optimal Pricing, Advertising, Production, Inventory and Investing Policies in a Multi-Stage Sustainable Supply Chain
title_short	Optimal Pricing, Advertising, Production, Inventory and Investing Policies in a Multi-Stage Sustainable Supply Chain
title_full	Optimal Pricing, Advertising, Production, Inventory and Investing Policies in a Multi-Stage Sustainable Supply Chain
title_fullStr	Optimal Pricing, Advertising, Production, Inventory and Investing Policies in a Multi-Stage Sustainable Supply Chain
title_full_unstemmed	Optimal Pricing, Advertising, Production, Inventory and Investing Policies in a Multi-Stage Sustainable Supply Chain
title_sort	optimal pricing, advertising, production, inventory and investing policies in a multi-stage sustainable supply chain
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/f3f122857e4344919255311d59e2ff11
work_keys_str_mv	AT jialiangpan optimalpricingadvertisingproductioninventoryandinvestingpoliciesinamultistagesustainablesupplychain AT chuiyuchiu optimalpricingadvertisingproductioninventoryandinvestingpoliciesinamultistagesustainablesupplychain AT kunshanwu optimalpricingadvertisingproductioninventoryandinvestingpoliciesinamultistagesustainablesupplychain AT chihteyang optimalpricingadvertisingproductioninventoryandinvestingpoliciesinamultistagesustainablesupplychain AT yenwenwang optimalpricingadvertisingproductioninventoryandinvestingpoliciesinamultistagesustainablesupplychain
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Optimal Pricing, Advertising, Production, Inventory and Investing Policies in a Multi-Stage Sustainable Supply Chain

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