Changing the Values of Parameters on Lot Size Reorder Point Model
Yugoslav journal of operations research, Tome 13 (2003) no. 1, p. 69
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The Just-In-Time (JIT) philosophy has received a great deal of attention.
Several actions such as improving quality, reducing setup cost and shortening lead time
have been recognized as effective ways to achieve the underlying goal of JIT. This paper
considers the partial backorders, lot size reorder point inventory system with an imperfect
production process. The objective is to simultaneously optimize the lot size, reorder point,
process quality, setup cost and lead time, constrained on a service level. We assume the
explicit distributional form of lead time demand is unknown but the mean and standard
deviation are given. The minimax distribution free approach is utilized to solve the problem
and a numerical example is provided to illustrate the results.
@article{YJOR_2003_13_1_a4,
author = {Hung-Chi Chang},
title = {Changing the {Values} of {Parameters} on {Lot} {Size} {Reorder} {Point} {Model}},
journal = {Yugoslav journal of operations research},
pages = {69 },
year = {2003},
volume = {13},
number = {1},
zbl = {1079.90007},
language = {en},
url = {http://geodesic.mathdoc.fr/item/YJOR_2003_13_1_a4/}
}
Hung-Chi Chang. Changing the Values of Parameters on Lot Size Reorder Point Model. Yugoslav journal of operations research, Tome 13 (2003) no. 1, p. 69 . http://geodesic.mathdoc.fr/item/YJOR_2003_13_1_a4/