ISBN: 978-981-18-5852-9 DOI: 10.18178/wcse.2022.04.083
Total Cost and Carbon Emission Reduction of A Three-Level Supply Chain Rubber Industry in the Philippines
Abstract— Rubber industry supply chain has a great impact in the world, already utilizing 12.3 million tons of natural rubber while the synthetic rubber production accounted for 14.46 million tons in 2015. Rubber is used as column guards for construction protection especially for walls and column structures. The main objective of this paper was to utilize the mathematical model created by Ong et al. [1] as an application for the reduction of total cost in the rubber industry supply chain in the Philippines. Utilizing Maple Software, the result of this study showed that interest played as the key parameter in the reduction of the total cost. The sensitivity analysis denounced parameters that could be used for interim financing. The parameters could be manipulated to favor the total cost for the different parties of the supply chain. Thus, this study could be used as a baseline for the rubber industries supply chain worldwide.
Index Terms— supply chain, rubber industry, interest income.
Ardvin Kester S. Ong
School of Industrial Engineering and Engineering Management, Mapua University, Philippines
Ma. Janice J. Gumasing
School of Industrial Engineering and Engineering Management, Mapua University, Philippines
Yogi Tri Prasetyo
School of Industrial Engineering and Engineering Management, Mapua University, Philippines
Kirstien Paola Robas
School of Industrial Engineering and Engineering Management, Mapua University, Philippines
Cite: Ardvin Kester S. Ong, Ma. Janice J. Gumasing, Yogi Tri Prasetyo, Kirstien Paola Robas, " Total Cost and Carbon Emission Reduction of A Three-Level Supply Chain Rubber Industry in the Philippines, " WCSE 2022 Spring Event: 2022 9th International Conference on Industrial Engineering and Applications, pp. 707-714, Sanya, China, April 15-18, 2022.