A simple solution procedure for solving the multi-delivery policy into economic production lot size problem with partial rework Academic Article in Scopus uri icon

abstract

  • Recently, an alternative multi-delivery policy into imperfect Economic Production Quantity (EPQ) inventory model with partial rework has been proposed, which considers the number of shipments as a fixed and given value. This paper, treating the longrun average costs per unit time as a function of replenishment lot size Q and the number of shipments n, adopts the differential calculus approach to get the optimal solution of Q and n jointly. In numerical examples, it is illustrated that the solution procedure is simple and accurate.
  • © 2017 Sharif University of Technology. All rights reserved.Recently, an alternative multi-delivery policy into imperfect Economic Production Quantity (EPQ) inventory model with partial rework has been proposed, which considers the number of shipments as a fixed and given value. This paper, treating the longrun average costs per unit time as a function of replenishment lot size Q and the number of shipments n, adopts the differential calculus approach to get the optimal solution of Q and n jointly. In numerical examples, it is illustrated that the solution procedure is simple and accurate.

publication date

  • September 1, 2017