期刊名称:American Journal of Computational Mathematics
印刷版ISSN:2161-1203
电子版ISSN:2161-1211
出版年度:2011
卷号:1
期号:3
页码:202-207
DOI:10.4236/ajcm.2011.13023
出版社:Scientific Research Publishing
摘要:This paper employs mathematical modeling and algebraic approach to derive the optimal manufacturing batch size and number of shipment for a vendor-buyer integrated economic production quantity (EPQ) model with scrap. Unlike the conventional method by using differential calculus to determine replenishment lot size and optimal number of shipments for such an integrated system, this paper proposes a straightforward algebraic approach to replace the use of calculus on the total cost function for solving the optimal production- shipment policies. A simpler form for computing long-run average cost for such a vendor- buyer integrated EPQ problem is also provided.