Optimum profit model considering production, quality and sale problem

International Journal of Systems Science

Volumn 42, Issue 12, 2011, Pages 1917-1933

  Chen, Chung Ho ^a   Lu, Chih Lun ^a  

^a SOUTHERN TAIWAN UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Taiwan)

Author keywords

order quantity; process mean; product price; Taguchi's symmetric quadratic quality loss function; two stage screening procedure

Indexed keywords

ORDER QUANTITY; PROCESS MEAN; PRODUCT PRICE; TAGUCHI; TWO STAGE; QUADRATIC QUALITY LOSS FUNCTION; STAGE SCREENING;

CHAINS; PRODUCTION CONTROL; PROFITABILITY; SUPPLY CHAINS;

COSTS;

EID: 80053486166     PISSN: 00207721     EISSN: 14645319     Source Type: Journal    
DOI: 10.1080/00207721.2010.543479     Document Type: Article

References (21)

1. Chen, C.H. (2006), 'The Optimum Selection of Imperfect Quality Economic Manufacturing Quantity and Process Mean by Considering Quadratic Quality Loss Function', Journal of the Chinese Institute of Industrial Engineers, 23, 12-19.
2. Chen, C.H., and Kao, H.S. (2009), 'The Determination of Optimum Process Mean and Screening Limits Based on quality loss function', Expert Systems with Applications, 36, 7332-7335.
3. Chen, C.H., and Khoo, M.B.C. (2008), 'Joint Determination of Optimum Process Mean and Economic Specification Limits for Rectifying Inspection Plan with Inspection Error', Journal of the Chinese Institute of Industrial Engineers, 25, 389-398.
4. Chen, C.H., and Lai, M.T. (2007a), 'Economic Manufacturing Quantity, Optimum Process Mean, and Economic Specification Limits Setting Under the Rectifying Inspection Plan', European Journal of Operational Research, 183, 336-344.
5. Chen, C.H., and Lai, M.T. (2007b), 'Determining the Optimum Process Mean Based on Quadratic Quality Loss Function and Rectifying Inspection Plan', European Journal of Operational Research, 182, 755-763.
6. Chen, S.L., and Liu, C.L. (2007), 'Procurement Strategies in the Presence of the Spot Market-An Analytical Framework', Production Planning and Control, 18, 297-309.
7. Chen, S.L., and Liu, C.L. (2008), 'The Optimal Consignment Policy for the Manufacturer Under Supply Chain Coordination', International Journal of Production Research, 46, 5121-5143.
8. Darwish, M.A. (2009), 'Economic Selection of Process Mean for Single-vendor Single-buyer Supply Chain', European Journal of Operational Research, 199, 162-169.
9. Goyal, S.K. (1976), 'An Integrated Inventory Model for a Single Supplier-Single Customer Problem', International Journal of Production Research, 15, 107-111.
10. Goyal, S.K. (2000), 'On Improving the Single-Vendor Singlebuyer Integrated Production Inventory Model with a Generalize Policy', European Journal of Operation Research, 125, 429-430.
11. Goyal, S.K., and Nebebe, F. (2000), 'Determination of Economic Production-Shipment Policy for a Singlevendor-Single-buyer System', International Journal of Production Research, 121, 175-178. (Pubitemid 30546353)
12. Haksoz, C., and Seshadri, S. (2007), 'Supply Chain Operations in the Presence of a Spot Market: A Review with Discussion', Journal of the Operational Research Society, 58, 1412-1429. (Pubitemid 47585083)
13. Hill, R.M. (1997), 'The Single-vendor Single-buyer Integrated Production Inventory Model with a Generalized Policy', European Journal of Operational Research, 97, 493-499. (Pubitemid 127418513)
14. Lee, M.K., and Elsayed, E.A. (2002), 'Process Mean and Screening Limits for Filling Processes Under Two-stage Screening Procedure', European Journal of Operational Research, 138, 118-126. (Pubitemid 34040605)
15. Lee, M.K., Hong, S.H., and Elsayed, E.A. (2001), 'The Optimum Target Value Under Single and Two-stage Screenings', Journal of Quality Technology, 33, 506-514.
16. Lee, M.K., Hong, S.H., Kwon, H.M., and Kim, S.B. (2000), 'Optimum Process Mean and Screening Limits for a Production Process with Three-class Screening', International Journal of Reliability, Quality and Safety Engineering, 7, 179-190.
17. Li, J., and Liu, L. (2008), 'Supply Chain Coordination with Manufacturer's Limited Reserve Capacity: An Extended Newsboy Problem', International Journal of Production Economics, 112, 860-868. (Pubitemid 351289076)
18. Lu, L. (1995), 'A One-vendor Multi-buyer Integrated Inventory Model', European Journal of Operational Research, 81, 312-323.
19. Seifert, R.W., Thonemann, U.W., and Hausman, W.H. (2004), 'Optimal Procurement Strategies for Online Spot Markets', European Journal of Operational Research, 152, 781-799.
20. Springer, C.H. (1951), 'A Method of Determining the Most Economic Position of a Process Mean', Industrial Quality Control, 8, 36-39.
21. Taguchi, G. (1986), Introduction to Quality Engineering, Tokyo, Japan: Asian Productivity Organization.