Easy and improved algorithms to joint determination of the replenishment lot size and number of shipments for an EPQ model with rework
type: Item
instance of: scholarly article
title: Easy and improved algorithms to joint determination of the replenishment lot size and number of shipments for an EPQ model with rework
zbMATH Open document ID: 1390.90013
author: Leopoldo Eduardo Cárdenas-Barrón
author: Biswajit Sarkar
author: Gerardo Treviño-Garza
published in: Mathematical \& Computational Applications
publication date: 2018-07-05T00:00:00Z
review text: Summary: Recently, in [ibid. 16, No. 2, 317--328 (2011; Zbl 1238.90008)] \textit{S. W. Chiu} et al. and \textit{K.-K. Chen} and \textit{S. W. Chu} [ibid. 16, No. 3, 753--760 (2011; Zbl 1238.90006)] propose an inventory model based on EPQ with rework to determine the replenishment lot size and the number of shipments for a vendor-buyer integrated production-inventory system. They solve the inventory problem by considering both variables as continuous. However, the number of shipments must be considered as discrete variable. In this direction, this paper revisits and solves the inventory problem of [\textit{S. W. Chiu} et al., loc. cit.; \textit{K.-K. Chen} and \textit{S. W. Chu}, loc. cit.] considering the decision variables according to their nature. Two easy and improved algorithms are proposed which simplify and complement the research works of [\textit{S. W. Chiu} et al., loc. cit.; \textit{K.-K. Chen} and \textit{S. W. Chu}, loc. cit.].
Mathematics Subject Classification ID: 90B05
zbMATH DE Number: 6898831
zbMATH Keywords: replenishment lot size
zbMATH Keywords: multiple shipments
zbMATH Keywords: EPQ model
zbMATH Keywords: random defective rate
zbMATH Keywords: rework
MaRDI profile type: Publication
full work available at URL: mca18020132
OpenAlex ID: W2291009923
DOI: 10.3390/MCA18020132
description: scientific article; zbMATH DE number 6898831