In practice, in order to reduce default risks with credit-risk customers, a seller (e.g., a manufacturer or a retailer) frequently requests its credit-risk customers to pay a fraction of the purchase amount at the time of placing an order as collateral deposit, and then grants a permissible delay on the outstanding balance (i.e., a down-stream partial trade credit). By contrast, the seller usua...

The relationship between the SSS and EPQ personality dimensions and reinforcement sensitivity was examined in 140 undergraduates using a non-reversal shift concept formation task. Differences in reinforcement sensitivity related to sensation seeking (SS) were not found, although this trait and the EPQ scales were correlated with the Reward and Punishment Expectancy scales from a newly developed...

In this work we developed EPQ models for deteriorating items by considering stochastic machine unavailability and price-dependent demand. Moreover, we approach the distribution of the machine unavailability using kernel density estimation. Therefore, the assumption of any distribution models, such as uniformly or exponentially distribution can be neglected and the shape of the distribution will...

This paper discusses an Economic Production Quantity model for Weibull deteriorating items over an infinite time horizon under fuzzy environment. Fuzziness is introduced by allowing the cost components such as setup cost, production cost, holding cost, shortage cost and opportunity cost due to lost sales to certain extent. Triangular fuzzy numbers are used to represent the mentioned costs. Opti...

EPQ model; Replenishment lot size; Multiple deliveries; Random defective items; Production; Rework; Scrap items. Abstract This paper derives the optimal replenishment lot size and shipment policy for an Economic Production Quantity (EPQ) model with multiple deliveries and rework of random defective items. The classic EPQmodel assumes a continuous inventory issuing policy for satisfying demand a...

People differ in the way they deal with ridicule. The study examines the personality correlates of those who fear being laughed at (gelotophobes), those who enjoy being laughed at (gelotophiles) and those who enjoy laughing at others (katagelasticists). Gelotophobes do not interpret laughter by others as something positive but more as a mean to put them down. Gelotophiles enjoy being laughed at...

It is known that personality is important in computer-mediated communication (CMC), influencing both how we express ourselves, and how we are perceived. Here we build in two ways on previous work which has used the LIWC text analysis tool to derive language factors relating to personality. First, we investigate whether linguistic factor structure in e-mail is similar to that in weblogs, and how...

In this paper, we consider a supply chain which consists of a single manufacturer and a single retailer with a single product type. Demand is assumed to be dependent on the retailer's stock level. Without coordination, the retailer determines its order quantity to maximize its own profit, which is usually smaller than the manufacturer's economic production quantity. Three coordination policies ...

Economic production quantity (EPQ) inventory model for trended demand has been analyzed with rework facility and stochastic preventive machine time. Due to the complexity of the model, search method is proposed to determine the best optimal solution. A numerical example and sensitivity analysis are carried out to validate the proposed model. From the sensitivity analysis, it is observed that th...

In this paper, a multi-product economic production quantity problem with limited warehouse-space is considered in which the orders are delivered discretely in the form of multiple pallets and the shortages are completely backlogged. We show that the model of the problem is a constrained non-linear integer program and propose a genetic algorithm to solve it. Moreover, design of experiments is em...