The newsvendor problem with multiple inputs and environment sensitive customers

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buir.advisorGürler, Ülkü
dc.contributor.authorSönmez, Nazlı
dc.date.accessioned2016-07-01T11:11:31Z
dc.date.available2016-07-01T11:11:31Z
dc.date.issued2015
dc.descriptionCataloged from PDF version of article.en_US
dc.description.abstractMotivated by the global aim and trends to reduce carbon emissions, in this thesis we investigate the effects of carbon sensitivity on the operations management in the context of inventory management. We assume the newsvendor setting under multiple substitutable inputs with varying carbon emission levels, and carbon sensitive random demand. The Cobb-Douglas production function is used which provides a link between the production quantity and the inputs. Our goal is to determine the optimal production quantity under two different supply chain models. In the decentralized model, we consider an independent manufacturer and a retailer, where the retailer orders Q units to the manufacturer and the manufacturer produces these items in such a way that he minimizes his production cost. In the integrated production or the centralized model, the manufacturer and the retailer act as a centralized system and the aim is to find the production quantity that maximizes the expected profit of the integrated system. Exact expressions for the expected profits of both models are derived and analytical results regarding the optimal solutions are presented. Numerical results are also provided to illustrate the effects of the system parameters and carbon sensitivity levels.en_US
dc.description.provenanceMade available in DSpace on 2016-07-01T11:11:31Z (GMT). No. of bitstreams: 1 0006987.pdf: 3020057 bytes, checksum: b7f45b2619f9e4e1ba94b435ba87ac47 (MD5) Previous issue date: 2015en
dc.description.statementofresponsibilitySönmez, Nazlıen_US
dc.format.extentxiv, 121 leavesen_US
dc.identifier.itemidB151124
dc.identifier.urihttp://hdl.handle.net/11693/30060
dc.language.isoEnglishen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectNewsvendoren_US
dc.subjectEnvironment Sensitive Customersen_US
dc.subjectCarbon Emissionsen_US
dc.subjectInventory Managementen_US
dc.subjectCarbon Sensitive Demanden_US
dc.subjectMultiple Inputsen_US
dc.subjectCobbDouglasen_US
dc.subjectOperations Managementen_US
dc.subject.lccB151124en_US
dc.titleThe newsvendor problem with multiple inputs and environment sensitive customersen_US
dc.typeThesisen_US
thesis.degree.disciplineIndustrial Engineering
thesis.degree.grantorBilkent University
thesis.degree.levelMaster's
thesis.degree.nameMS (Master of Science)

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