Joint production and maintenance strategy for economic production quantity model with imperfect production processes

2012 ◽  
Vol 24 (6) ◽  
pp. 1229-1240 ◽  
Author(s):  
Gwo-Liang Liao
Keyword(s):  
Joint Production ◽  
Maintenance Strategy ◽  
Economic Production Quantity ◽  
Imperfect Production ◽  
Production Processes ◽  
Economic Production ◽  
Production Quantity

scholarly journals Shipment Policy for an Economic Production Quantity Model Considering Imperfection and Transportation Cost

2020 ◽  
Vol 12 (21) ◽  
pp. 8964
Author(s):  
Mubashir Hayat ◽  
Bashir Salah ◽  
Misbah Ullah ◽  
Iftikhar Hussain ◽  
Razaullah Khan
Keyword(s):  
Lot Sizing ◽  
Transportation Cost ◽  
Sensitivity Analyses ◽  
Lot Size ◽  
Economic Production Quantity ◽  
Imperfect Production ◽  
Economic Production ◽  
Production Quantity ◽  
Traditional Production ◽  
Insight Into

Determining replenishment lot size and number of shipments in a traditional production setup has been of great interest among researchers during the last decades. In order to survive modern competition, the manufacturer has to make good decisions about the lot size that is to be shipped to the retailer. Recently, several researchers have developed mathematical models for modelling different real-world situations; however, these models are lacking due to a combination of imperfection in process and shipment lot sizing. Therefore, in the proposed research, shipment policy for an imperfect production setup has been developed with transportation costs taken into consideration. The model analyzed lot sizing for manufacturers and retailers with imperfections in terms of equally sized shipments. Furthermore, an all-unit-discount policy for shipment is considered in the proposed research, and at the end, numerical computation and sensitivity analyses are carried out to gain more insight into the specifications of the model.

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