期刊名称：International Journal of Industrial Engineering Computations
印刷版ISSN：1923-2926
电子版ISSN：1923-2934
出版年度：2014
卷号：5
期号：4
页码：575-588
DOI：10.5267/j.ijiec.2014.7.003
语种：English
出版社：Growing Science Publishing Company
摘要：This paper derives a production inventory model over infinite planning horizon with flexible but unreliable manufacturing process and the stochastic repair time. Demand is stock dependent and during the period of sale it depends on reduction on selling price. Production rate is a function of demand and reliability of the production equipment is assumed to be exponentially decreasing function of time. Repair time is estimated using uniform probability density function. The objective of the study is to determine the optimal policy for production system, which maximizes the total profit subject to some constraints under consideration. The results are discussed with a numerical example to illustrate the theory.
