Optimal production lot with imperfect production process under permissible delay in payments and complete backlogging
學年 102
學期 1
出版(發表)日期 2013-08-01
作品名稱 Optimal production lot with imperfect production process under permissible delay in payments and complete backlogging
作品名稱(其他語言)
著者 Ouyang, L.-Y.; Chang, C.-T.
單位 淡江大學管理科學學系; 淡江大學統計學系
出版者 Amsterdam: Elsevier BV
著錄名稱、卷期、頁數 International Journal of Production Economics 144(2), pp.610-617
摘要 The traditional economic production quantity (EPQ) model assumes that the production products are all perfect. It is not always true in the real production system, due to imperfect production process or other factors, imperfect quality items may be produced. Furthermore, it is well-known that the total production-inventory costs can be reduced by reworking the imperfect quality items produced with a relatively smaller additional reworking and holding costs. In addition, the permissible delay in payments offered by the supplier is widely adopted in the practical business market. In this study, we explore the effects of the reworking imperfect quality items and trade credit on the EPQ model with imperfect production processes and complete backlogging. A mathematical model which includes the reworking and shortage costs, interest earned and interest charged is presented. Besides, an arithmetic-geometric mean inequality approach is employed and an algorithm is developed to find the optimal production policy. Furthermore, some numerical examples and sensitivity analysis are provided to demonstrate the proposed model.
關鍵字 Inventory;Imperfect production process;Complete backlogging;Permissible delay in payments;Arithmetic–geometric mean inequality
語言 en
ISSN 0925-5273
期刊性質 國外
收錄於 SCI EI
產學合作
通訊作者 Chang, C.-T.
審稿制度
國別 NLD
公開徵稿
出版型式 ,紙本
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