Artikel

Energy costs vs. carbon dioxide emissions in short-term production planning

In energy-oriented lot-sizing and scheduling research, it is often assumed that minimizing energy costs automatically leads to an improvement of the ecological footprint of a company, i.e., lower carbon dioxide emissions. More precisely, a close to one (positive) correlation between energy costs and carbon dioxide emissions is often supposed. In this contribution, we show that this conjecture does not always hold true due to fluctuating carbon dioxide emissions over the whole day. Therefore, we present a real-world business case study, combining lot-sizing and machine scheduling under time-varying electric energy costs and carbon dioxide emissions in a mixed integer optimization model; in this context, we also consider on-site power generation. The interplay between all these aspects is demonstrated via a numerical analysis.

Language
Englisch

Bibliographic citation
Journal: Journal of Business Economics ; ISSN: 1861-8928 ; Volume: 90 ; Year: 2020 ; Issue: 9 ; Pages: 1383-1407 ; Berlin, Heidelberg: Springer

Classification
Management
Optimization Techniques; Programming Models; Dynamic Analysis
Subject
Energy costs
Carbon dioxide emissions
Multi-objective production planning
Sustainable manufacturing

Event
Geistige Schöpfung
(who)
Dellnitz, Andreas
Braschczok, Damian
Ostmeyer, Jonas
Hilbert, Markus
Kleine, Andreas
Event
Veröffentlichung
(who)
Springer
(where)
Berlin, Heidelberg
(when)
2020

DOI
doi:10.1007/s11573-020-01000-1
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Dellnitz, Andreas
  • Braschczok, Damian
  • Ostmeyer, Jonas
  • Hilbert, Markus
  • Kleine, Andreas
  • Springer

Time of origin

  • 2020

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