Integrating Sustainability into Perishable Stock Systems: A Model for Pricing and Emission Constraints
DOI:
https://doi.org/10.59828/pijms.v1i3.16Keywords:
Deteriorating Inventory, Carbon Emission Constraints, Nonlinear Price-Stock Dynamics, Sustainable Operations, Supply Chain OptimizationAbstract
This study explores a math system for improving the stock of things that break down over time, all while dealing with current environment rules and what people think. The main aim is to balance making money with being eco-friendly, paying close attention to how prices change with stock levels and limits on carbon emissions. Unlike older plans that guess demand is steady or don't think about the environment cost of keeping and throwing away items that go bad, this looks at the whole picture.
We use math equations to show how stock goes down because of sales and decay over time. The way we things look at the total cost, like carbon taxes on keeping goods and getting rid of waste. Computer tests show that a way of thinking where having stock on display boosts sales needs to be carefully balanced against faster decay and carbon fines for having too much stock. The results show that using prices that can change allows for more freedom in how much profit can be made, mainly when dealing with changes in demand. The work ends by saying that an eco-friendly plan doesn't just meet rules but makes the whole supply chain stronger by cutting down on physical losses. This gives useful ideas for managers in medicine and food who have to keep service levels high while meeting green business goals.
