Optimal inventory strategies for an imperfect production system with advertisement and price reliant demand under rework option for defectives

نویسندگان

چکیده

Every industrial sector emits carbon emissions during production, which is always a major concern for environmental practitioners. To resolve this, innovative and smart ways are required that not only cost-effective but also environmentally savvy. Moreover, the production processes prone to various imperfections, thus of defectives quite pragmatic. The handling such defective products varies from industry type products. present study constructs an inventory model handle via proficient rework strategy makes product fit be sold at primary price. Here, demand assumed dependent on selling price advertisements. considers energy usage cost while optimizing batch size Optimality proved graphically by using software Mathematica 11.3.0. A comprehensive sensitivity analysis all parameters performed impart managerial insights robustness model.

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ژورنال

عنوان ژورنال: Rairo-operations Research

سال: 2022

ISSN: ['1290-3868', '0399-0559']

DOI: https://doi.org/10.1051/ro/2021188