| Article ID: | iaor19992832 |
| Country: | Netherlands |
| Volume: | 56/57 |
| Issue: | 1 |
| Start Page Number: | 123 |
| End Page Number: | 131 |
| Publication Date: | Sep 1998 |
| Journal: | International Journal of Production Economics |
| Authors: | Dobos Imre |
| Keywords: | inventory, geography & environment |
The aim of the paper is to investigate how environmental policies, in the form of emission charges or emission limits, affect the production–inventory decisions of a firm. Our framework applies control theory to analyze optimal production policies. The paper modifies the Holt–Modigliani–Muth–Simon model.