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An Optimization Model for Sustainability Program

Author

Listed:
  • N. Jawahar

    (Thiagarajar College of Engineering)

  • G. Satish Pandian

    (Thiagarajar College of Engineering)

  • Angappa Gunasekaran

    (University of Massachusetts)

  • Nachiappan Subramanian

    (Nottingham University Business School)

Abstract

A sustainability program is about implementing essential sustainability practices at various intensities that will not harm people because of firm actions. This paper formulates an optimization model to identify an optimal intensity of implementation of selected sustainability practices referred as sustainability program for maximising manufacturing industry sustainability performance for a known set of budgetary and minimum thresholds constraints with respect to economic, social and socio-economic criteria. Besides modelling the paper proposes a random search procedure embedding the NN to determine the optimal sustainability program and explains the usefulness with a sample problem. Sensitivity analysis is carried out to understand the behaviour of the model. It is observed that the sustainability performances depend on the constraints such as budget limitation and threshold values of performance criterion.

Suggested Citation

  • N. Jawahar & G. Satish Pandian & Angappa Gunasekaran & Nachiappan Subramanian, 2017. "An Optimization Model for Sustainability Program," Annals of Operations Research, Springer, vol. 250(2), pages 389-425, March.
    • Handle: RePEc:spr:annopr:v:250:y:2017:i:2:d:10.1007_s10479-015-1928-z
    DOI: 10.1007/s10479-015-1928-z
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    References listed on IDEAS

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    2. Danny Samson & Pat Foley & Heng Soon Gan & Marianne Gloet, 2018. "Multi-stakeholder decision theory," Annals of Operations Research, Springer, vol. 268(1), pages 357-386, September.

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