Epq Model for Imperfect Production Processes With Rework and Random Preventive Machine Time for Deteriorating Items and Trended Demand
Yugoslav journal of operations research, Tome 25 (2015) no. 3, p. 421
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Economic production quantity (EPQ) model is analyzed for trended demand
and the units which are subject to constant rate of deterioration. The system allows
rework of imperfect units and preventive maintenance time is random. The proposed
methodology, a search method used to study the model, is validated by a numerical
example. Sensitivity analysis is carried out to determine the critical model parameters. It
is observed that the rate of change of demand and the deterioration rate have a significant
impact on the decision variables and the total cost of an inventory system. The model is
highly sensitive to the production and demand rate.
Classification :
90B05.
Keywords: EPQ, Deterioration, Time-dependent Demand, Rework, Preventive Maintenance, Lost Sales.
Keywords: EPQ, Deterioration, Time-dependent Demand, Rework, Preventive Maintenance, Lost Sales.
@article{YJOR_2015_25_3_a7,
author = {Nita H. Shah and Dushyantkumar G. Patel and Digeshkumar B. Shah},
title = {Epq {Model} for {Imperfect} {Production} {Processes} {With} {Rework} and {Random} {Preventive} {Machine} {Time} for {Deteriorating} {Items} and {Trended} {Demand}},
journal = {Yugoslav journal of operations research},
pages = {421 },
year = {2015},
volume = {25},
number = {3},
language = {en},
url = {http://geodesic.mathdoc.fr/item/YJOR_2015_25_3_a7/}
}
TY - JOUR AU - Nita H. Shah AU - Dushyantkumar G. Patel AU - Digeshkumar B. Shah TI - Epq Model for Imperfect Production Processes With Rework and Random Preventive Machine Time for Deteriorating Items and Trended Demand JO - Yugoslav journal of operations research PY - 2015 SP - 421 VL - 25 IS - 3 UR - http://geodesic.mathdoc.fr/item/YJOR_2015_25_3_a7/ LA - en ID - YJOR_2015_25_3_a7 ER -
%0 Journal Article %A Nita H. Shah %A Dushyantkumar G. Patel %A Digeshkumar B. Shah %T Epq Model for Imperfect Production Processes With Rework and Random Preventive Machine Time for Deteriorating Items and Trended Demand %J Yugoslav journal of operations research %D 2015 %P 421 %V 25 %N 3 %U http://geodesic.mathdoc.fr/item/YJOR_2015_25_3_a7/ %G en %F YJOR_2015_25_3_a7
Nita H. Shah; Dushyantkumar G. Patel; Digeshkumar B. Shah. Epq Model for Imperfect Production Processes With Rework and Random Preventive Machine Time for Deteriorating Items and Trended Demand. Yugoslav journal of operations research, Tome 25 (2015) no. 3, p. 421 . http://geodesic.mathdoc.fr/item/YJOR_2015_25_3_a7/