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The Development and Analysis of Environmentally Responsible Supply Chain Models
Abstract
Inventory management and supply chain management are integral issues and prime areas of concern in production and operations management, and industrial engineering. There is a drive for businesses and organizations to be accountable for their environmental impacts. Guaranteeing environmentally conscious supply chain operations is strongly linked to an organization's sustainability and overall success. The responsible management of forward and return product flows in production and inventory environments is a rapidly increasing requirement. This can be attributed to economic, environmental and/ or regulatory motivations. Mathematical modeling of such systems assists decision-making processes and provided a better understanding of the behavior of such production and inventory environments.
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