EPQ Model with Product Stewardship Approach

Author(s):  
Pratiksha Saxena ◽  
Chaman Singh ◽  
Kamna Sharma
2013 ◽  
Vol 834-836 ◽  
pp. 2049-2052
Author(s):  
Wan Qiong Lin ◽  
Shi Bin Su

Based on the practical demand of the development of Chinese economy for the cooperation of S&T-oriented small-micro enterprises with university-industry-government, herein we analyzed the issue of patent storage in the cooperation between S&T-oriented small-micro enterprises and universities by a EPQ model with shortage. We calculated the optimum quantity and cycle for patent research, proposing a direction towards further studies. This article is specific to the enhancement for the previous work by Ye and Su (2013).


2006 ◽  
Vol 2006 ◽  
pp. 1-5 ◽  
Author(s):  
Yung-Fu Huang

Chiu studied the effect of service-level constraint on the economic production quantity (EPQ) model with random defective rate. In this note, we will offer a simple algebraic approach to replace his differential calculus skill to find the optimal solution under the expected annual cost minimization.


2008 ◽  
Vol 25 (03) ◽  
pp. 301-315 ◽  
Author(s):  
S. PANDA ◽  
S. SAHA ◽  
M. BASU

A single item, single cycle economic production quantity model for perishable products is proposed where the demand is two-component and stock dependent. The production inventory scenario of products like cake, bread, fast foods, fishes, garments, cosmetics etc in the festival season is considered. The profit function is formulated under the assumption that the time period of the festival seasons is fixed and the display capacity of the produced item is limited. In the formulation process, to introduce more flexibility, a goal programming technique is incorporated to achieve the producer's desired profit and stock of as much inventory as possible below the display capacity level. A numerical example is presented to illustrate the proposed model. A sensitivity analysis of the model is also carried out.


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