Sustainable Supply Chain: Monetization of Environmental Impacts

C. da Silva, A.P. Barbosa-Póvoa, A. Carvalho
ABSTRACT:

Taking into account the increase of business competitiveness and legislation compliance faced by industry’s SC, environmental SC problems became a reality that companies have to deal with. This work is developed along this line and proposes a mixed integer linear programming model (MILP) that accounts for the economic and environmental pillars in the same objective function by monetizing environmental impacts. Economic and environmental performances are taking into account in the same unit allowing a single optimum solution. Conclusions can be drawn on how monetization can support decision maker’s decision. To show model applicability a real-based SC is studied.

Publisher
Computer Aided Chemical Engineering (Published)
Date
Jul, 2018
Keywords
supply chain | sustainability | monetization | design and planning

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