A note on solving the EOQ model with imperfect quality subject to in-house inspection

IMA Journal of Management Mathematics

Volumn 22, Issue 3, 2011, Pages 301-306

  Chang, Hung Chi ^a   Ho, Chia Huei ^b  

^a NATIONAL TAICHUNG UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Taiwan)

^b MING CHUAN UNIVERSITY   (Taiwan)

Author keywords

EOQ; imperfect quality; inspection; lot sizing

Indexed keywords

ECONOMIC ANALYSIS; PROFITABILITY;

ALTERNATIVE APPROACH; DEFECTIVE ITEMS; ECONOMIC ORDER QUANTITY MODELS; EOQ; EOQ MODELS; EXPECTED PROFITS; FIRST OPTIONS; IMPERFECT QUALITY; INVENTORY MODELS; LOT SIZING; NUMERICAL EXAMPLE; ORDERING POLICIES; PER UNIT; QUALITY STANDARD; RENEWAL REWARD THEOREM; SOLUTION PROCEDURE;

INSPECTION;

EID: 79959261953     PISSN: 1471678X     EISSN: 14716798     Source Type: Journal    
DOI: 10.1093/imaman/dpq002     Document Type: Article

References (15)

1. CHAN, W. M., IBRAHIM, R. N. & LOCHERT, P. B. (2003) A new EPQ model: Integrating lower pricing, rework and reject situations. Prod. Plann. Control, 14, 588-595.
2. GOYAL, S. K. & CARDENAS-BARRON, L. E. (2002) Note on: economic production quantity model for items with imperfect quality-a practical approach. Int. J. Prod. Econ., 77, 85-87.
3. HUANG, C. K. (2004) An optimal policy for a single-vendor single-buyer integrated production-inventory problem with process unreliability consideration. Int. J. Prod. Econ., 91, 91-98.
4. KONSTANTARAS, I., GOYAL, S. K. & PAPACHRISTOS, S. (2007) Economic ordering policy for an item with imperfect quality subject to the in-house inspection. Int. J. Syst. Sci., 38, 473-482.
5. LARSEN, C. (2008) An inventory control project in a major Danish company using compound renewal demand models. IMA J. Manage. Math., 19, 145-162.
6. MADDAH, B. & JABER, M. Y. (2008) Economic order quantity for items with imperfect quality: revisited. Int. J. Prod. Econ., 112, 808-815.
7. PAPACHRISTOS, S. & KONSTANTARAS, I. (2006) Economic ordering quantity models for items with imperfect quality. Int. J. Prod. Econ., 100, 148-154.
8. PORTEUS, E. L. (1986) Optimal lot sizing, process quality improvement and setup cost reduction. Oper. Res., 34, 137-144.
9. ROSENBLATT, M. J. & LEE, H. L. (1986) Economic production cycles with imperfect production processes. IIE Trans., 18, 48-55.
10. ROSS, S. M. (1996) Stochastic Processes, 2nd edn. New York: Wiley.
11. SALAMEH, M. K. & JABER, M. Y. (2000) Economic production quantity model for items with imperfect quality. Int. J. Prod. Econ., 64, 59-64.
12. SHAH, N. H. & GOR, A. S. (2009) An integrated economic lot-size model for vendor-buyer inventory system when input is random. Math. Comput. Model, 49, 1326-1330.
13. TENG, J. T. (2009) A simple method to compute economic order quantities. Eur. J. Oper. Res., 198, 351-353.
14. WEE, H. M., YU, J. & CHEN, M. C. (2007) Optimal inventory model for items with imperfect quality and shortage backordering. Omega, 35, 7-11.
15. ZEQUEIRA, R. I. & BÈRENGUER, C. (2006) Optimal scheduling of non-perfect inspections. IMA J. Manage. Math., 17, 187-207.