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AuthorTadj, L.
AuthorGarg, A.K.
AuthorHamdi, A.
Available date2023-09-24T07:55:32Z
Publication Date2018
Publication NameSpringer Proceedings in Business and Economics
ResourceScopus
URIhttp://dx.doi.org/10.1007/978-3-319-58589-5_8
URIhttp://hdl.handle.net/10576/47877
AbstractFirms are faced with the question of what policies to implement to ensure efficient abatement behavior? In this paper, we aim to determine the optimal production rate and the optimal investment rate in pollution abatement technology. The situation is modeled as an optimal control problem with two state variables and two control variables. The optimal trajectories, the optimal control, and the optimal objective function value are obtained explicitly in both cases where the firm adopts either a continuous-review policy or a periodic-review policy. A numerical example is presented. 2018, Springer International Publishing AG.
Languageen
PublisherSpringer Science and Business Media B.V.
SubjectEmission tax
Optimal control
Pollution abatement technology
Production planning
TitleOptimal Production Planning Strategy for Deteriorating Items in Terms of Emission Tax, Pollution, and R&D Investment
TypeConference Paper
Pagination119-141
dc.accessType Abstract Only


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