Determining Replenishment Lot Size and Shipment Policy for an EPQ Inventory Model with Delivery and Rework
Abstract
The determination of production-shipment policies for a vendor-buyer system is dealt within this paper. The main objective is to derive the optimal replenishment lot size and shipment policy for an EPQ inventory model with multiple deliveries and rework. This inventory model contains two decision variables: the replenishment lot size and the number of deliveries. Previous researches solve this inventory model considering both variables to be...
Paper Details
Title
Determining Replenishment Lot Size and Shipment Policy for an EPQ Inventory Model with Delivery and Rework
Published Date
Jan 1, 2015
Volume
2015
Pages
1 - 8
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