An Imperfect Production Model for Breakable Multi-Item with Dynamic Demand and Learning Effect on Rework over Random Planning Horizon

نویسندگان

چکیده

In recent times, in the literature of inventory management there exists a notorious interest production-inventory models focused on imperfect production processes with deterministic time horizon. Nevertheless, it is well-known that high influence and impact caused by learning effect random planning This research work formulates mathematical model for re-workable multi-item system, which demand items depends accessible stock selling revenue. The allows shortages these are partial backlogged over Also, rework policy, inflation, value money considered. main aim to determine optimum rates minimize expected total cost system. A numerical example solved detailed sensitivity analysis conducted order study model.

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ژورنال

عنوان ژورنال: Journal of risk and financial management

سال: 2021

ISSN: ['1911-8074', '1911-8066']

DOI: https://doi.org/10.3390/jrfm14120574