Showing 1 - 10 of 2,252
Persistent link: https://www.econbiz.de/10012139972
This paper calls for a change in paradigm in lot sizing and scheduling. Traditionally, a discrete time scale is chosen to model lot sizing and scheduling. As an alternative, the so-called block planning concept is proposed which is based on a continuous representation of time. A mixed-integer...
Persistent link: https://www.econbiz.de/10010414317
This paper is concerned with solving a vendor–buyer integrated inventory problem with rework and a specific multi-delivery policy by a two-phase algebraic approach. Conventional method to the problem is to use differential calculus and Hessian matrix equations to prove convexity of system cost...
Persistent link: https://www.econbiz.de/10010729841
Viele Hersteller von Verbrauchsgütern sehen sich heutzutage einer enormen Variantenvielfalt gegenüber, die sie auf ihren Fließsystemen produzieren müssen. So bietet etwa BMW seine Automobile in 1032 theoretisch möglichen Varianten an. Um nicht die marktseitigen Vorteile dieser...
Persistent link: https://www.econbiz.de/10005786023
This paper examines a vendor–buyer integrated system that includes rework and an enhanced product delivery policy that aims at lowering stock holding costs for both the vendor and the buyer. It extends the recent work of Chiu et al. (2011) by incorporating an amending ‘n+1’ shipment policy...
Persistent link: https://www.econbiz.de/10010737963
In a recent study [Chiu et al., 2007. Determining the optimal run time for EPQ model with scrap, rework, and stochastic breakdowns. European Journal of Operational Research 180, 664–676], the perfect rework of nonconforming items was assumed in a production system that is subject to stochastic...
Persistent link: https://www.econbiz.de/10010744028
Operating in highly competitive global markets, management of the contemporary corporations constantly seeks to cut down various operating costs, such as inventory holding costs in the production units and their affiliated retailers. For the purpose of reducing stock holding cost, this paper...
Persistent link: https://www.econbiz.de/10010781960
This paper addresses the joint determination of a rotation cycle time and number of shipments for a multi-item economic production quantity (EPQ) model with random defective rate. The classic EPQ model considers production planning for a single product with a perfect production process and...
Persistent link: https://www.econbiz.de/10010719388
This study employs an alternative approach to determine common production cycle time for a multi-item production system with discontinuous deliveries and failure in rework. A straightforward approach using algebraic derivation is proposed here to reexamine a specific common cycle time problem...
Persistent link: https://www.econbiz.de/10010719390
The optimal replenishment policy for an economic production quantity (EPQ)-based inventory model with nonconforming items and breakdown is presented. A real-life production system inevitably generates nonconforming items and has equipment breakdowns owing to process deterioration or other...
Persistent link: https://www.econbiz.de/10010719391