Determination of production run time and warranty length under system maintenance and trade credits

International Journal of Systems Science

Volumn 43, Issue 12, 2012, Pages 2351-2360

  Tsao, Yu Chung ^a  

^a TATUNG UNIVERSITY   (Taiwan)

Author keywords

EPQ model; imperfect production system; system maintenance; trade credit; warranty length

Indexed keywords

EPQ MODELS; IMPERFECT PRODUCTION; SYSTEM MAINTENANCE; TRADE CREDIT; WARRANTY LENGTH;

COMMERCE; MANAGERS; MANUFACTURE; PRODUCTION CONTROL; PRODUCTION ENGINEERING; PROFITABILITY;

MAINTENANCE;

EID: 84867483334     PISSN: 00207721     EISSN: 14645319     Source Type: Journal    
DOI: 10.1080/00207721.2011.577245     Document Type: Article

References (33)

1. Boulding, W., and Kirmani, A. (1993), 'A Consumer-side Experimental Examination of Signaling Theory: Do Consumers Perceive Warranties as Signals of Quality', Journal of Consumer Research, 20, 111-123.
2. Chakraborty, T., Giri, B.C., and Chaudhuri, K.S. (2009), 'Production Lot Sizing with Process Deterioration and Machine Breakdown under Inspection Schedule', Omega - The International Journal of Management Science, 37, 257-271.
3. Chen, J.M., and Chen, T.H. (2007), 'The Profit Maximization Model for a Multi-item Distribution Channel', Transportation Research Part E: Logistics and Transportation Review, 43, 338-354.
4. Chen, J.M., Chen, L.T., and Leu, J.D. (2006), 'Developing Optimization Models for Cross-functional Decision-making: Integrating Marketing and Production Planning', OR Spectrum, 28, 223-240.
5. Chen, J.M., Lin, Y.H., and Chen, Y.C. (2010), 'Economic Optimization for an Imperfect Production System with Rework and Scrap Rate', International Journal of Industrial and Systems Engineering, 6, 92-109.
6. Chen, L.H., and Kang, F.S. (2010), 'Integrated Inventory Models Considering the Two-level Trade Credit Policy and a Price-negotiation Scheme', European Journal of Operational Research, 205, 47-58.
7. Chung, K.J. (2010), 'The Optimal Inventory Policy for EPQ Model under Trade Credit', International Journal of Systems Science, 41, 1115-1120.
8. Chung, K.J., and Huang, Y.F. (2003), 'The Optimal Cycle Time for EPQ Inventory Model under Permissible Delay in Payments', International Journal of Production Economics, 84, 307-318.
9. De, L.N., and Goswami, A. (2009), 'Probabilistic EOQ Model for Deteriorating Items under Trade Credit Financing', International Journal of Systems Science, 40, 335-346.
10. Glickman, T.S., and Berger, P.D. (1976), 'Optimal Price and Protection Period Decisions for Product under Warranty', Management Science, 99, 1381-1390.
11. Huang, Y.F. (2005), 'Buyers Optimal Ordering Policy and Payment Policy under Supplier Credit', International Journal of Systems Science, 36, 801-807.
12. Huang, Y.F. (2007), 'Optimal Retailers Replenishment Decisions in the EPQ Model under Two Levels of Trade Credit Policy', European Journal of Operational Research, 176, 1577-1591.
13. Huang, C.K. (2010), 'An Integrated Inventory Model under Conditions of Order Processing Cost Reduction and Permissible Delay in Payments', Applied Mathematical Modelling, 35, 1352-1359.
14. Huang, Y.F., and Huang, H.F. (2008), 'Optimal Inventory Replenishment Policy for the EPQ Model under Trade Credit Derived without Derivatives', International Journal of Systems Science, 39, 539-546.
15. Kreng, V.B., and Tan, S.J. (2010), 'The Optimal Replenishment Decisions under Two Levels of Trade Credit Policy Depending on the Order Quantity', Expert Systems with Applications, 37, 5514-5522.
16. Liao, J.J. (2008), 'An EOQ Model With Noninstantaneous Receipt and Exponentially Deteriorating Items under Twolevel Trade Credit', International Journal of Production Economics, 113, 852-861.
17. Murthy, D.N.P., and Blischke, W.R. (2000), 'Strategic Warranty Management: A Life-cycle Approach', IEEE Transactions on Engineering Management, 47, 40-54. (Pubitemid 30553427)
18. Ouyang, L.Y., Chang, C.T., and Teng, J.T. (2006), 'An Study on an Inventory Model for Non-instantaneous Deteriorating Item with Permissible Delay in Payments', Computers and Industrial Engineering, 51, 637-651.
19. Ouyang, L.Y., Ho, C.H., and Su, C.H. (2008), 'Optimal Strategy for an Integrated System with Variable Production Rate When the Freight Rate and Trade Credit are Both Linked to the Order Quantity', International Journal of Production Economics, 115, 151-162.
20. Ouyang, L.Y., Teng, J.T., Goyal, S.K., and Yang, C.T. (2009), 'An Economic Order Quantity Model for Deteriorating Items with Partially Permissible Delay in Payments Linked to Order Quantity', European Journal of Operational Research, 194, 418-431.
21. Padmanabhan, V. (1993), 'Warranty Policy and Extended Service Contracts: Theory and an Application to Automobiles', Marketing Science, 12, 230-248.
22. Rosenblatt, M.J., and Lee, H.L. (1986), 'Economic Production Cycles with Imperfect Production Processes', IIE Transaction, 18, 48-54.
23. Savsar, M. (2006), 'Effects of Maintenance Policies on the Productivity of Flexible Manufacturing Cells', Omega - The International Journal of Management Science, 37, 29-39.
24. Teng, J.T. (2009), 'Optimal Ordering Policies for a Retailer Who Offers Distinct Trade Credits to its Good and Bad Credit Customers', International Journal of Production Economics, 119, 415-423.
25. Teng, J.T., and Chang, C.T. (2009), 'Optimal Manufacturers Replenishment Policies in the EPQ Model under Two Levels of Trade Credit Policy', European Journal of Operational Research, 195, 358-363.
26. Teng, J.T., Chang, C.T., Chern, M.S., and Chan, Y.L. (2007), 'Retailer's Optimal Ordering Policies with Trade Credit Financing', International Journal of Systems Science, 38, 269-278.
27. Teng, J.T., and Goyal, S.K. (2009), 'Comment on Optimal Inventory Replenishment Policy for the EPQ Model under Trade Credit Derived without Derivatives', International Journal of Systems Science, 40, 1095-1098.
28. Tsao, Y.C. (2009), 'Retailers Optimal Ordering and Discounting Policies under Advance Booking Discount and Trade Credits', Computers and Industrial Engineering, 56, 208-215.
29. Tsao, Y.C. (2010), 'Two-Phase Pricing and Inventory Management for Deteriorating and Fashion Goods under Trade Credit', Mathematical Methods of Operations Research, 72, 107-127.
30. Tsao, Y.C., and Sheen, G.J. (2007), 'Joint Pricing and Replenishment Decisions for Deteriorating Items with Lotsize and Time Dependent Purchasing Cost under Credit Period', International Journal of Systems Science, 38, 549-561.
31. Tsao, Y.C., and Sheen, G.J. (2008), 'Dynamic Pricing, Promotion and Replenishment Policies for a Deteriorating Item under Permissible Delay in Payments', Computers and Operations Research, 35, 3562-3580.
32. Wu, C.C., Chou, C.Y., and Huang, C. (2009), 'Optimal Price, Warranty Length and Production Rate for Free Replacement Policy in the Static Demand Market', Omega - The International Journal of Management Science, 37, 29-39.
33. Yang, P.C., and Wee, H.M. (2002), 'A Single-vendor and Multiple-buyers Production-inventory Policy for a Deteriorating Item', European Journal of Operational Research, 143, 570-581.