Research Article

Optimal Strategies for Manufacturers with the Reference Effect under Carbon Emissions-Sensitive Random Demand

Table 2

Notation.

Notation Explanation

Unit price
Unit product cost
Unit salvage price of the product which is an exogenous variable
The production quantity of the manufacturer
Unit shortage cost
The random demand and
Probability density function of
Distribution function of
The customers’ utility from consuming the product
Unit carbon emissions without green technology investment
Unit carbon emissions with green technology investment
The coefficient of green technology investment
Green technology investment