Strategic production modeling for defective items with imperfect inspection process, rework, and sales return under two-level trade credit

An Economic Production Quantity Model for Defective Items with Sales Return Service, Scrap Items and Rework

In this model, we establish an inventory model to determine the optimal inventory replenishment scheme for the economic production quantity (EPQ) model for imperfect, deteriorating items with sales return service under multiple production and rework setup. In one cycle, production process can produces the products in m production setups and reworks the defective items in one rework setup. The c...

an economic production quantity model for defective items with sales return service, scrap items and rework

in this model, we establish an inventory model to determine the optimal inventory replenishment scheme for the economic production quantity (epq) model for imperfect, deteriorating items with sales return service under multiple production and rework setup. in one cycle, production process can produces the products in m production setups and reworks the defective items in one rework setup. the c...

Economic production quantity model with imperfect-quality items, two-way imperfect inspection and sales return

In practices, not only production but inspection processes are often not perfect, thereby generating defects and inspection errors. Previous imperfect-quality inventory studies, however, have mostly focused on developing cost-minimizing models that do not consider imperfect inspection processes and related defect sales return issues despite their practical significance. Thus, this study propose...

Imperfect and defective outputs in production process

An Economic Lot Sizing Production Model for Deteriorating Items under Two Level Trade Credit

This paper develops an economic lot-sizing production model for deteriorating items with time dependent quadratic demand and delay in payments under two levels of trade credit policy. The trade credit policy adopted here is a two-level trade credit policy in which the supplier offers the retailer a permissible delay period M, and the retailer in turn provides customers a permissible delay perio...