Effect of Green Technology Investment on a Production-Inventory System with Carbon Tax

Table 1

Comparison of the proposed model with other related models.

Articles	Model type	Defective product	Price sensitive demand?	Unit cost	Production rate	Emission policy	Green investment
Mukhopadhyay and Gowsami [7]	Production-inventory	Yes	No	Constant	Constant	Pollution cost, cap-and-trade	Fixed pollution control cost
Toptal et al. [8]	Inventory replenishment	No	No	Constant	Infinite/instantaneous	Carbon cap, tax, cap-and-trade	Yes (decision variable)
Lou et al. [9]	Supply chain (Stackelberg model)	No	Yes	Constant	Not explicitly used	Carbon Trading	Yes
Lin and Sarker [10]	Inventory replenishment	Yes	No	Constant	Infinite/instantaneous	Carbon tax	No
Hu and Zhou [11]	Stackelberg model	No	Yes	Constant	Not explicitly used	Cap-and-trade	Yes
Sana et al. [12]	Production-inventory	Yes	No	Production rate & advt. dependent	Decision variable with upper limit	Not considered	No
Manna et al. [13]	Production-inventory	Yes	No	Production rate dependent	Decision variable	Not considered	No
Present article	Production-inventory	Yes	Yes	Production rate dependent	Decision variable. Can be set at any level within limits	Carbon tax	Yes (decision variable)