JOURNAL OF SHANDONG UNIVERSITY(NATURAL SCIENCE) ›› 2015, Vol. 50 ›› Issue (09): 55-60.doi: 10.6040/j.issn.1671-9352.0.2015.109

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Research on model of stochastic inventory control under carbon emission trading mechanism

GUI Yun-miao1, SHEN Jun1, HU Hong-chun2, LIU Zhao-qi3   

  1. 1. College of Management Engineering, Anhui Polytechnic University, Wuhu 241000, Anhui, China;
    2. Staff Development Institute of China National Tobacco corporation, Zhengzhou 450008, Henan, China;
    3. School of Management, University of Jinan, Jinan 250022, Shandong, China
  • Received:2015-03-16 Revised:2015-06-09 Online:2015-09-20 Published:2015-09-26

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Abstract: To avoid a disastrous influence caused by global warming, carbon emissions trading mechanism has become a generally accepted means of controlling carbon emissions. A model of stochastic inventory control was developed under carbon emission trading mechanism. And the changes of the optimal quantity and expected costs under different conditions were analyzed. The result is showed that when carbon price increases, the optimal quantity ordered will reduce; when carbon emissions permission increases, the optimal quantity ordered will stable, and expected costs will decrease. A numerical example is illustrated that the carbon emissions trading mechanism makes the government attach more attentions to firm micro level of energy conservation and emissions reduction, guides the enterprises to reduce carbon emissions.

Key words: carbon emission trading mechanism, carbon emissions, carbon emissions quota, model of stochastic inventory control

CLC Number: 

  • F253
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