Operations Research, Systems Engineering and Industrial Engineering Commons^™

Economic And Environmental Comparison Of Different Ordering Policies For An Integrated Inventory Control And Supplier Selection Problem, Sepideh Almasi Monfared

Masters Theses

"This study analyzes an integrated inventory control and supplier selection problem in stochastic demand environment under carbon emissions regulations. In particular, a continuous review inventory model with multiple suppliers is investigated under carbon taxing and carbon trading regulations. We analyze and compare the optimal supplier selection and order splitting decisions with single sourcing and two alternative delivery structures for multi-sourcing, namely, sequential ordering and sequential delivery. For each of the three ordering policies, a solution method is proposed and these policies are compared in terms of their economic as well as environmental performances. A numerical study is conducted to demonstrate …