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Growing Science » Authors » Neha Sang

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1.

Economic production quantity model for defective items under deterioration Pages 221-232 PDF Download PDF

Authors: H. S. Shukla, R. P. Tripathi, Neha Sang

doi 10.5267/j.uscm.2016.1.002

🔑 Keywords: Defective items, Deterioration, Optimality, Order quantity, Production inventory

Abstract:
Traditional economic production quantity (EPQ) model assumes that the production products are perfect. However, this assumption does not hold for many real production systems due to several weaknesses. This paper considers production inventory model with defective items for deteriorating items. In this paper, production rate is considered to be greater than demand rate. Mathematical model is developed for finding optimal order quantity, cycle time and total profit. Moreover, a numerical example is provided to illustrate the proposed model. Next, sensitivity analysis is established to demonstrate the model developed. Finally, some conclusions and future research directions are proposed.
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Journal: USCM | Year: 2016 | Volume: 4 | Issue: 3 | Views: 3430

 

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