A Literature Review on the Sustainable EPQ Model, Focusing on Carbon Emissions and Product Recycling
Rubayet Karim and
Koichi Nakade
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Rubayet Karim: Department of Industrial and Production Engineering, Jashore University of Science and Technology, Jashore 7408, Bangladesh
Koichi Nakade: Department of Architecture, Civil Engineering and Industrial Management Engineering, Nagoya Institute of Technology, Nagoya 466-8555, Aichi, Japan
Logistics, 2022, vol. 6, issue 3, 1-16
Abstract:
Background : Many businesses want to include sustainability in their manufacturing operations. A conventional economic production quantity (EPQ) model is employed to calculate the ideal number of products to manufacture at one time. The goal of this study was to look at the current research on sustainable economic production quantity and supply chain models and suggest prospective future research directions based on existing knowledge gaps. Methods : In this perspective, we used systematic procedures to conduct a survey that included studies from two scenarios: (1a) a sustainable EPQ model that accounts for carbon emissions from inventory storage and manufacture, (1b) a sustainable EPQ model that includes product recycling, and (2) a reverse logistics model that accounts for emissions and product recycling. Results : According to the inquiry, there are reverse logistics models in the literature that consider carbon emissions and product recycling together, but they are not jointly considered for modeling a sustainable EPQ model considering the situation where the manufacturing system is imperfect, although both are vital for ensuring environmental sustainability. Conclusions : In the future, the EPQ model can be developed with these two aspects in mind to understand the effects of product recycling on carbon emissions while controlling production and inventories for an imperfect manufacturing system.
Keywords: recycling; EPQ model; carbon emission; environmental sustainability; imperfect manufacturing system (search for similar items in EconPapers)
JEL-codes: L8 L80 L81 L86 L87 L9 L90 L91 L92 L93 L98 L99 M1 M10 M11 M16 M19 R4 R40 R41 R49 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jlogis:v:6:y:2022:i:3:p:55-:d:877699
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