Green Investment Cost Optimization Model in the Supply Chain

• 作者: Hosang Jung Seungbae Sim
• 来源期刊: 美国运筹学期刊(英文)
• 学科: 经济
• 关键词: Green INVESTMENT COST OPTIMIZATION MODEL in the Supply CHAIN
• 年，卷（期）: 2013,（6）
• 页码范围: 454-462
• 页数: 9页
• 分类号: F2

摘要

The objective of this study is to develop a model that determines the optimal points for investment in green management by defining a mathematical relationship between carbon trading profits and investments in green management using a company’s supply chain information. To formulate this model, we first define and analyze a green supply chain in a multi-dimensional and quantitative manner. The green investment alternatives considering in our model are as follows: 1) purchasing eco-friendly raw materials that cost more than conventional raw materials but whose use in production results in lower CO2 emissions;2) replacing current facilities with new eco-friendly facilities that have the capability to reduce CO2 emissions;and 3) changing modes of transport from less eco-friendly to more eco-friendly modes. We propose a green investment cost optimization (GICO) model that enables us to determine the optimal investment points. The proposed GICO model can support decision-making processes in green supply chain management environments.