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Growing Science » International Journal of Industrial Engineering Computations » The combined effect of rework, postponement, multiple shipments, and overtime producing common-component on a multiproduct vendor-client incorporated system

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International Journal of Industrial Engineering Computations

ISSN 1923-2934 (Online) - ISSN 1923-2926 (Print)
Quarterly Publication
Volume 13 Issue 3 pp. 329-342 , 2022

The combined effect of rework, postponement, multiple shipments, and overtime producing common-component on a multiproduct vendor-client incorporated system Pages 329-342 Right click to download the paper Download PDF

Authors: Yuan-Shyi Peter Chiu, Liang-Wei You, Tiffany Chiu, Fan-Yun Pai

DOI: 10.5267/j.ijiec.2022.2.003

Keywords: Multiproduct manufacturing, Rework, Overtime, Fabrication-shipment decision, Postponement

Abstract: The study examines the combined effect of rework, multiple shipments, postponement, and overtime producing common-component on a multiproduct vendor-client incorporated system. Clients’ product demand trend turns to diversity, quality, and rapid response in the current supply-chain environment. Under such a stiff competitive environment, today’s manufacturers must effectively plan their multi-item fabrication to boost utilization and product quality, minimize total relevant costs, and meet short given order lead time. By considering the commonality of the finished goods, required quality, and completion lead time, this study presents an exact model featuring rework of defects, multiple shipments, postponement, overtime producing the mutual component, and satisfying the market needs. Through the techniques of explicitly modeling, formulating, and system cost minimization, this study simultaneously derives the optimal cycle-time and shipping frequency for the studied problem. A numerical example helps show how our model works for any given parameter values and how the variation in single and multiple factors of the problem affects the crucial system performances (e.g., total uptimes, each relevant cost, utilization, total cost, etc.) A wide variety of today’s industries (e.g., automotive, household goods, etc.) and their related supply chains can utilize our decisional model to reveal in-depth managerial insights for planning their fabrication and shipments.

How to cite this paper
Chiu, Y., You, L., Chiu, T & Pai, F. (2022). The combined effect of rework, postponement, multiple shipments, and overtime producing common-component on a multiproduct vendor-client incorporated system.International Journal of Industrial Engineering Computations , 13(3), 329-342.

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Journal: International Journal of Industrial Engineering Computations | Year: 2022 | Volume: 13 | Issue: 3 | Views: 1503 | Reviews: 0

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