Balancing Cost and Environmental Impact: A Linear Programming Approach to Sustainable Shopping

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Prof.Dr. İskender AKKURT

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info:eu-repo/semantics/openAccess

Özet

A linear programming model is devised for consumer purchasing decisions minimizing weighted cost and environmental impact using real-world data. Minor shifts towards environmental preferences can greatly reduce impact with minimal cost increase. Spending slightly more on the bundle than the cheapest option can cut environmental impact by a third. Conversely, less than 10% compromise in impact yields over 15% cost savings. Consumers can find efficient midpoints—cost-effective and environmentally sustainable options—through strategic decisions. Additionally, a synthetic dataset, modeling different societal dispositions through Beta distributions of cost-environment orientation parameters, simulates societal attitudes, showing that a 10% reduction in environmental impact is possible with a 23% higher economic burden, while 60% of this reduction can be achieved with only 3.1% increase in cost when maintaining a balanced societal disposition. This demonstrates the potential of optimization-based strategic purchasing decisions to achieve significant economic and environmental efficiencies when accompanied by increased environmental awareness. © 2024 Elsevier B.V., All rights reserved.

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Anahtar Kelimeler

Environmental Impact, Linear Programming, Multi-criteria, Retail Shopping, Sustainable Consumption

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International Journal of Computational and Experimental Science and Engineering

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Cilt

10

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4

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Onay

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