Investing in Lead-Time Variability Reduction in a Quality-Adjusted Inventory Model with Finite-Range Stochastic Lead-Time
نویسندگان
چکیده
منابع مشابه
Investing in Lead-Time Variability Reduction in a Quality-Adjusted Inventory Model with Finite-Range Stochastic Lead-Time
We study the impact of the efforts aimed at reducing the lead-time variability in a quality-adjusted stochastic inventory model. We assume that each lot contains a random number of defective units. More specifically, a logarithmic investment function is used that allows investment to be made to reduce lead-time variability. Explicit results for the optimal values of decision variables as well a...
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ژورنال
عنوان ژورنال: Journal of Applied Mathematics and Decision Sciences
سال: 2008
ISSN: 1173-9126,1532-7612
DOI: 10.1155/2008/795869