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Sort articles by: Volume | Date | Most Rates | Most Views | Reviews | Alphabet
1.

Replenishment-shipment decision for a multiproduct producer-client coordinated FPR model with postponement, rework and subcontracting Pages 213-226 Right click to download the paper Download PDF

Authors: Yuan-Shyi Peter Chiu, Ting-Fang Yan, Yunsen Wang, Hui-Chi Wang

DOI: 10.5267/j.uscm.2022.10.005

Keywords: Postponement, Multiproduct system, Replenishment-shipment, Finite production rate, Rework, Subcontracting

Abstract:
This research constructs a mathematical scheme to explore replenishment-shipment decisions for a multiproduct producer-client coordinated finite production rate (FPR) model with the postponement, rework, and subcontracting plan. The considered multiple goods have a common component, and a batch FPR fabrication with postponement is planned to meet the annual multiproduct requirements. The first fabricating phase makes only the standard components needed for a batch and subcontracts a proportion of them (with additional cost) to expedite the process. In contrast, the second fabricating phase produces the finished multiple merchandise in sequence. The in-house rework processes with extra expense help retain the desirable quality. Each merchandise’s finished batch is transported to the clients in equal-sized numerous shipments. This study derives the optimal batch cycle length and transporting frequency by minimizing the overall fabricating-shipment expenses (including clients’ holding costs). This work offers a numerical example demonstrating various crucial system features influenced by the factors of subcontracting, postponement, rework, and transportation policies to facilitate managerial decision making in industries.
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Journal: USCM | Year: 2023 | Volume: 11 | Issue: 1 | Views: 798 | Reviews: 0

 
2.

Satisfying multiproduct demand with a FPR-based inventory system featuring expedited rate and scraps Pages 443-452 Right click to download the paper Download PDF

Authors: Singa Wang Chiu, Yi-Jing Huang, Yuan-Shyi Peter Chiu, Tiffany Chiu

DOI: 10.5267/j.ijiec.2018.11.001

Keywords: Multiproduct inventory system, The most economic common cycle time, Expedited fabrication rate, Finite production rate, Random scrap

Abstract:
Facing stiff competition in worldwide markets, capability of meeting timely demands of multiproduct and satisfying customer’s desired product quality are essential to present-day manufacturers. Motivated by achieving the aforementioned goals, this research intends to find most economic common cycle length for a multiproduct finite production rate (FPR)-based inventory system, wherein, imperfect production process with expedited fabrication rate and random scrap is assumed. Extra setup and unit costs are associated with the adjusted rate, and imperfect products are screened and scrapped. A mathematical model is cautiously constructed to examine and resolve the problem. A numerical illustration is employed to exhibit the applicability of the proposed method. Except finding the most economic common cycle time for the problem, core contribution of this study also is associated with the individual and combined impact(s) of important factors to the problem, and hence, enabling management of manufacturing firms to make efficient/cost-effective decision and gain competitive advantages.
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Journal: IJIEC | Year: 2019 | Volume: 10 | Issue: 3 | Views: 1933 | Reviews: 0

 

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