An integrated production inventory model of deteriorating items subject to random machine breakdown with a stochastic repair time
نویسندگان
چکیده
منابع مشابه
An Extension to the Economic Production Quantity Problem with Deteriorating Products Considering Random Machine Breakdown and Stochastic Repair Time
The recent advances in manufacturing systems motivate several studies to focus on Economic Production Quantity (EPQ) problem. Althuogh there are several extentions to the EPQ, this paper provides a new extension by considering some of the real world parameters like: (a) shortages in the form of partial backordering, (b) inventory can deteriorate stochastically, (c) machine can break down stocha...
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This paper considers the impact of random machine breakdowns on the classical Economic Production Quantity (EPQ) model for a product subject to exponential decay and under a no-resumption (NR) inventory control policy. A product is manufactured in batches on a machine that is subject to random breakdowns in order to meet a constant demand over an infinite planning horizon. The product is assume...
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Disruption management has recently become an active area of research. In this study, an extension is made to consider the fact that some products may deteriorate during storage. A productioninventory model for deteriorating items with production disruptions is developed. Then the optimal production and inventory plans are provided, so that the manufacturer can reduce the loss caused by disrupti...
متن کاملOn a Stochastic Inventory Model with Deteriorating Items
We suggest a new inventory continuous time stochastic model for deteriorating items. We derive optimal operating characteristics of the expected cost per unit time under the assumption that demand in each replenishment cycle forms a regenerative process. We also present numerical examples. 2000 Mathematics Subject Classification. Primary 60K30, 60J10, 90B05.
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In this paper, we considered a deterministic inventory model with time-dependent demand and time-varying holding cost where deterioration is time proportional. The model considered here allows for shortages, and the demand is partially backlogged. The model is solved analytically by minimizing the total inventory cost. The result is illustrated with numerical example for the model. The model ca...
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ژورنال
عنوان ژورنال: International Journal of Industrial Engineering Computations
سال: 2017
ISSN: 1923-2926,1923-2934
DOI: 10.5267/j.ijiec.2016.9.004