Production strategies under environmental constraints in an Arrow–Karlin model

The aim of the paper is to investigate how environmental policies affect the production-inventory decisions of a firm. Optimal control theory is applied to analyze optimal production policies. The environmental policy investigated in the paper is a combined emission charges and limits policy. The pa...

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Veröffentlicht in:	International journal of production economics 1999-03, Vol.59 (1), p.337-340
1. Verfasser:	Dobos, Imre
Format:	Artikel
Sprache:	eng
Schlagworte:	Applied sciences Control theory Economic models Emissions Environmental policies Environmental policy Exact sciences and technology Inventory control, production control. Distribution Operational research and scientific management Operational research. Management science Optimal control Production planning Production–inventory Studies
Online-Zugang:	Volltext
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Beschreibung
Zusammenfassung:	The aim of the paper is to investigate how environmental policies affect the production-inventory decisions of a firm. Optimal control theory is applied to analyze optimal production policies. The environmental policy investigated in the paper is a combined emission charges and limits policy. The paper modifies the results of Wirl (European Journal of Operational Research 55 (1991) 191–200 [1]) for the case of this combined policy.
ISSN:	0925-5273 1873-7579
DOI:	10.1016/S0925-5273(98)00105-4