An economic production quantity inventory model with backorders considering the raw material costs
نویسندگان
چکیده
منابع مشابه
Economic production quantity with rework process at a single-stage manufacturing system with planned backorders
In traditional inventory models such as the economic order quantity (EOQ) and the economic production quantity (EPQ) the sole objective is to minimize the total inventory-related costs, typically holding cost and ordering cost. These models do not consider the presence of defective products in the lot or rework of them. Recently, Jamal, Sarker, and Mondal (Jamal, A. A. M., Sarker, B. R., & Mond...
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In this model, we establish an inventory model to determine the optimal inventory replenishment scheme for the economic production quantity (EPQ) model for imperfect, deteriorating items with sales return service under multiple production and rework setup. In one cycle, production process can produces the products in m production setups and reworks the defective items in one rework setup. The c...
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The recent advances in manufacturing systems motivate several studies to focus on Economic Production Quantity (EPQ) problem. Althuogh there are several extentions to the EPQ, this paper provides a new extension by considering some of the real world parameters like: (a) shortages in the form of partial backordering, (b) inventory can deteriorate stochastically, (c) machine can break down stocha...
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In recent years, companies have found that there are substantial benefit and competitive advantage from establishing a long-term sole-supplier relationship with supplier. In the integrated inventory model practices characterized by a sole-supplier base whose firm is located close to the buyer’s plant and makes frequent deliveries is considered a long-term partner with the buying company. The ch...
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In the real world, vague phenomenon is quite common in the production/inventory models. In order to process the vagueness, a production/inventory model that can be more closely related to the real vagueness and can take account of the vague factors that contribute to production costs, is required. The model must be extended or altered to fit in with the fuzzy situation. Since items with imperfe...
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ژورنال
عنوان ژورنال: Scientia Iranica
سال: 2016
ISSN: 2345-3605
DOI: 10.24200/sci.2016.3859