Production optimization with the maintenance of environmental sustainability based on multi-criteria decision analysis

Debdip Khan and Ranjan Kumar Gupta ()
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Debdip Khan: Burdwan Raj College
Ranjan Kumar Gupta: West Bengal State University

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2024, vol. 26, issue 8, No 14, 19425-19442

Abstract: Abstract Over the last few decades, researches related to the impact of production and industrial manufacturing on environmental sustainability, coupled with multi-dimensional multi-criteria decision analysis and performance evaluation has consistently gained importance. However, no significant work in which an effort to optimize the total production process with the consideration of the positive and negative impacts of each input and output on Environmental sustainability has been noticed. The main aim of our paper is to address this gap. In this paper, an effort has been made to develop a realistic optimization model wherein a manufacturing firm has been considered to function with several decision-making units taking into account the effects of factors like profit, employment generation, social development, environmental pollution and sustainability. The various inputs employed and outputs produced by the firm are responsible for having negative impacts on the environment, besides creative value generation. With due consideration to both these values instead of mere profit, the model determines and explores the firm’s decision considering different objectives. The optimization problem has been solved by a GA developed by us and demonstrated with numerical examples. The solutions of the numerical examples point towards some interesting revelations and indicate some prospective future research directions which contributes to this field of research.

Keywords: Multiple criteria decision analysis; Multi-dimensional; Production theory; Value function; Environmental sustainability; Optimization (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10668-023-03316-8

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