A competitive multiperiod supply chain network model with freight carriers and green technology investment option

Sara Saberi*, Jose M. Cruz, Joseph Sarkis, Anna Nagurney

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

26 Citations (Scopus)

Abstract

This paper presents a multiperiod supply chain with freight carriers network model. In this model manufacturers, retailers, and carriers maximize the net present value (NPV) of their investments in ecologically friendly technology. Future production, inventory, transaction, and transportation costs savings are used to help fund investments. The environmental impact of production, inventory, transportation, and consumption of products in the supply chain network are all integrated. The tradeoff between the initial technology investment and its ecological footprint effect is considered for the supply chain planning period. We provide variational inequality formulations of the equilibrium conditions and then propose the modified projection method, along with conditions for convergence. Numerical examples are examined with an analysis of the effects of ecologically friendly technology investments on supply chain network production, transportation, and sales.

Original languageEnglish
Peer-reviewed scientific journalEuropean Journal of Operational Research
Volume266
Issue number3
Pages (from-to)934-949
Number of pages16
ISSN0377-2217
DOIs
Publication statusPublished - 01.05.2018
MoE publication typeA1 Journal article - refereed

Keywords

  • 512 Business and Management
  • Green supply chain management
  • Game theory
  • Multiperiod planning
  • Net present value
  • Technology investment

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