An Algebraic Approach for Determining the Optimal Lot Size for EPQ Model with Rework Process
نویسندگان
چکیده
منابع مشابه
An Algebraic Approach for Determining the Optimal Lot Size for Epq Model with Rework Process
This paper presents a simple algebraic approach for deriving the optimal lot size for economic production quantity (EPQ) model with rework process. Conventional methods for solving lot size problems are by using differential calculus on the long-run average production-inventory cost function with the need to prove optimality first. A few recent articles proposed the algebraic approach to the so...
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The economic production quantity (EPQ) is a commonly used inventory model. An assumption in the EPQ model is that all units produced are perfect. Some researchers have studied the effects after relaxing this assumption on the inventory models. The objective of this paper is to determine the economic production quantity with reduced pricing, rework and reject situations in a single-stage system ...
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ژورنال
عنوان ژورنال: Mathematical and Computational Applications
سال: 2010
ISSN: 2297-8747
DOI: 10.3390/mca15030364