• About
  • Policies
  • What is open access
  • Library
  • Contact
Advanced search
      View Item 
      •   BUIR Home
      • University Library
      • Bilkent Theses
      • Theses - Department of Industrial Engineering
      • Dept. of Industrial Engineering - Master's degree
      • View Item
      •   BUIR Home
      • University Library
      • Bilkent Theses
      • Theses - Department of Industrial Engineering
      • Dept. of Industrial Engineering - Master's degree
      • View Item
      JavaScript is disabled for your browser. Some features of this site may not work without it.

      On the newsvendor problem with multiple inputs under a carbon emission constraint

      Thumbnail
      View / Download
      878.6 Kb
      Author(s)
      Sözüer, Sibel
      Advisor
      Gürler, Ülkü
      Date
      2012
      Publisher
      Bilkent University
      Language
      English
      Type
      Thesis
      Item Usage Stats
      103
      views
      40
      downloads
      Abstract
      In this thesis, we consider two problems in the newsvendor setting with multiple inputs, under a carbon emission constraint and non-linear production functions. In the first problem, we assume a strict carbon cap and find the optimal production quantity and input allocation that will maximize the expected profit under this constraint. In the second problem, we consider an emission trading scheme where an advance purchase of carbon emission permits is made at an initial price before the random demand is realized. When the demand is realized and new carbon trade prices are revealed, it is possible to buy additional permits or to sell an excess amount. The aim is to decide on the optimal allocation of the inputs as well as the carbon trading policy so as to maximize the expected profit. In both problems, the production quantity is linked to multiple inputs via the Cobb-Douglas and Leontief production functions. Optimal policy structures are derived and numerical examples are provided.
      Keywords
      Production
      Newsvendor Problem
      Inventory Management
      Production Function
      Multiple Inputs
      Carbon Emission
      Carbon Cap
      Emission Permit Trading
      Cobb-Douglas
      Leontief
      Permalink
      http://hdl.handle.net/11693/15502
      Collections
      • Dept. of Industrial Engineering - Master's degree 326
      Show full item record

      Browse

      All of BUIRCommunities & CollectionsTitlesAuthorsAdvisorsBy Issue DateKeywordsTypeDepartmentsThis CollectionTitlesAuthorsAdvisorsBy Issue DateKeywordsTypeDepartments

      My Account

      LoginRegister

      Statistics

      View Usage StatisticsView Google Analytics Statistics

      Bilkent University

      If you have trouble accessing this page and need to request an alternate format, contact the site administrator. Phone: (312) 290 1771
      © Bilkent University - Library IT

      Contact Us | Send Feedback | Off-Campus Access | Admin | Privacy