The classical Economic Order Quantity (EPQ) models consider that the production rate is fixed and constant. But in many manufacturing and production processes the production rate is a function of stock on hand. For this sort of situations we develop and analyze an EPQ model with the assumption that the production rate is a function of the on-hand inventory and demand is a function of selling pr...

Trade credit is a well established promotional tool in the present competitive world and its impact on demand cannot be ignored. Businesses often use trade credit to increase their market share and, in turn, the profit. Undoubtedly, trade credit plays a great role in increasing the demand but it also involves a great risk of nonpayment. In order to reduce the risk of non-payment, businessman at...

Huang [ Journal of Statistics and Management Systems, Vol. 6 (2003), No. 2, pp. 171-180 ] studied the EOQ (Economic Order Quantity) and EPQ (Economic Production Quantity) models with backlogging and defective items using the algebraic approach. He assumed 100% inspection policy and the known proportion of defective items was removed prior to storage or use after the screening process. In this p...

in the fundamental production inventory model, in order to solve the economic production quantity (epq) we always fix both the demand quantity and the production quantity per day. but, in the real situation, both of them probably will have little disturbances every day. therefore, we should fuzzify both of them to solve the economic production quantity (q*) per cycle. using α-cut for defuzzific...

This section is devoted to the Economic Production Quantity (EPQ) model, its specialization to the Economic Order Quantity (EOQ) model and its extension to allow backorders. The next section deals with multiple products. The primary driver to hold inventories is the presence of a fixed production/ordering cost that is incurred every time a positive number of units are produced/ordered. We wish ...

Adequate and reliable lexical resources are essential for effective sentiment analysis and opinion mining. This paper proposes a methodology for the emotional assessment and annotation of words. The process is based on the Self Assessment Manikin test, and is coupled with two psychometric measurements for identifying possible bias due to the annotator's psychological condition and personality: ...

In this note, we correct some typos that appeared in Yassine et al. {Yassine, A., Maddah, B., Salameh M., Disaggregation and consolidation of imperfect quality shipments in an extended EPQ model, International Journal of Production Economics 135 (2012) 345–352}, specifically, for one of their models that considered consolidating shipments of imperfect quality items across multiple production cy...

In this paper, an extended economic production quantity (EPQ) model is investigated, where demand follows a random process. This study is motivated by an industrial case for precision machine assembly in the machinery industry. Both a positive resetup point s and a fixed lot size Q are implemented in this production control policy. To cope with random demand, a resetup point, i.e., the lowest i...

Objectives: The aim of this study is to confirm the main hypothesis of this work indicating that impairment of abstract thinking is met with in non psychotic psychiatric patients more than is usually believed. Method: The study group consists of 60 subjects; 20 non psychotic psychiatric patients (1 0 obsessives and 10 conversion), 20 schizophrenic patients and normal subjects. Impaired abstract...