An optimization model for a monopolistic firm serving an environmentally conscious market: Use of Chemical Reaction Optimization Algorithm
(2014)
Journal Article
Choudhary, A., Suman, R., Dixit, V., Tiwari, M., Fernandes, K., & Chang, P. (2015). An optimization model for a monopolistic firm serving an environmentally conscious market: Use of Chemical Reaction Optimization Algorithm. International Journal of Production Economics, 164, 409-420. https://doi.org/10.1016/j.ijpe.2014.10.011
This work considers a monopolist firm which faces the following twin challenges of serving an environmentally sensitive market. The first challenge is the demand׳s elasticity to emissions and price. To entice its emission conscious customers and gene... Read More about An optimization model for a monopolistic firm serving an environmentally conscious market: Use of Chemical Reaction Optimization Algorithm.