Optimal Utilization of Port-free-of-charge for Inventory Management with Inflation, Preservation Technology, and Carbon Emissions
摘要
This study introduces an innovative inventory model for non-instantaneously deteriorating items with time-varying demand, integrating inflation, preservation technology, and carbon emissions. The model strategically utilizes port-provided free storage periods to minimize holding costs and delay financial commitments, replacing traditional reliance on owned or rented storage. It also incorporates green technology to reduce carbon emissions from transportation, promoting environmental sustainability. Numerical experiments conducted with MATLAB confirm the model’s effectiveness: the optimal strategy (Model 1) yields a minimum total inventory cost of $134,150, with optimal decision variables