ABSTRACT
Social activities, economic benefits, and environmental friendly approach are very much essential for a sustainable production system. This is widely observed during the Covid-19 pandemic situation. The demand for essential goods in the business sector is always changing due to different unavoidable situations. The proposed study introduces a variable demand for controlling the fluctuating demand. However, a reworking of produced imperfect products makes the production model more profitable. Partial outsourcing of the good quality products has made the production system more popular and profitable. Separate holding cost for the reworked and produced products are very helpful idea for the proposed model. Moreover, consumption of energy during various purpose are considered. Separate green investment make the model more sustainable and eco-friendly. The main focus of the model is to find the maximum profit through considering optimum value of lot size quantity, average selling price, and green investment. The classical optimization technique is utilized here for optimizing the solution theoretically. The use of concave 3D graphs, different examples, and sensitivity analyses are considered here. Furthermore, managerial insights from this study can be used for industry improvement. © 2022 the Author(s), licensee AIMS Press.
ABSTRACT
The management of a controllable production in the manufacturing system is essential to achieve viable advantages, particularly during emergency conditions. Disasters, either man-made or natural, affect production and supply chains negatively with perilous effects. On the other hand, flexibility and resilience to manage the perpetuated risks in a manufacturing system are vital for achieving a controllable production rate. Still, these performances are strongly dependent on the multi-criteria decision making in the working environment with the policies launched during the crisis. Undoubtedly, health stability in a society generates ripple effects in the supply chain due to high demand fluctuation, likewise due to the Coronavirus disease-2019 (COVID-19) pandemic. Incorporation of dependent demand factors to manage the risk from uncertainty during this pandemic has been a challenge to achieve a viable profit for the supply chain partners. A non-linear supply chain management model is developed with a controllable production rate to provide an economic benefit to the manufacturing firm in terms of the optimized total cost of production and to deal with the different situations under variable demand. The costs in the model are set as fuzzy to cope up with the uncertain conditions created by lasting pandemic. A numerical experiment is performed by utilizing the data set of the multi-stage manufacturing firm. The optimal results provide support for the industrial managers based on the proactive plan by the optimal utilization of the resources and controllable production rate to cope with the emergencies in a pandemic.