TY - JOUR
T1 - A competitive multiperiod supply chain network model with freight carriers and green technology investment option
AU - Saberi, Sara
AU - Cruz, Jose M.
AU - Sarkis, Joseph
AU - Nagurney, Anna
PY - 2018/5/1
Y1 - 2018/5/1
N2 - 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.
AB - 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.
KW - 512 Business and Management
KW - Green supply chain management
KW - Game theory
KW - Multiperiod planning
KW - Net present value
KW - Technology investment
UR - http://www.scopus.com/inward/record.url?scp=85036499384&partnerID=8YFLogxK
U2 - 10.1016/j.ejor.2017.10.043
DO - 10.1016/j.ejor.2017.10.043
M3 - Article
AN - SCOPUS:85036499384
VL - 266
SP - 934
EP - 949
JO - European Journal of Operational Research
JF - European Journal of Operational Research
SN - 0377-2217
IS - 3
ER -