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:2019
卷号:10
期号:3
页码:443-452
DOI:10.5267/j.ijiec.2018.11.001
语种:English
出版社:Growing Science Publishing Company
摘要: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.
关键词:Multiproduct inventory system; The most economic common cycle time; Expedited fabrication rate; Finite production rate; Random scrap