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We present inventory models to schedule an imperfect manufacturing process where a proportion of the items are …
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In this article, an imperfect vendor-buyer inventory system with stochastic demand, process quality control and …
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Purpose: One challenge in inventory control models is to know the stock available at the beginning of the cycle to … satisfy future demands, i.e. to know the on-hand stock levels at order delivery. For inventory managers, this knowledge is … necessary to both determine service levels and establish the control parameters of the inventory policy. However, the …
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The paper deals with the analysis of a special dynamic production and inventory model. In this model logical …
Persistent link: https://www.econbiz.de/10003555029
term for end-of-horizon inventory in the objective function of the short-horizon model. Computational tests show that the … knowledge about future demand as the ending inventory valuation method. Our results indicate that the superior performance … demand patterns, ending inventory valuation is not the most effective way to use this knowledge. Furthermore, we point out a …
Persistent link: https://www.econbiz.de/10011326945
This paper is an extension of Hsu and Hsu (Int J Ind Eng Comput 3(5):939–948, 2012) aiming to determine the optimal order quantity of product batches that contain defective items with percentage nonconforming following a known probability density function. The orders are subject to 100 %...
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