Alternative approach for solving replenishment lot size problem with discontinuous issuing policy and rework

Chen, Kuang-Ku; Wu, Mei‐Fang; Chiu, Singa Wang; Lee, Chien-Hua

doi:10.1016/j.eswa.2011.08.030

Cited by 33 publications

(7 citation statements)

References 23 publications

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“…It is important to point out that our solution is better than the solution reported by Chiu et al [1,2]. Finally, our solution approaches can be applied easily to Chen et al [19] and Chiu et al [20], and therefore one can obtain an improved solution for both inventory problems as it has been shown in Cárdenas-Barrón et al [21]. …”

Section: Discussionmentioning

confidence: 65%

An improved solution to the replenishment policy for the EMQ model with rework and multiple shipments

Cárdenas–Barrón

Sarkar

Treviño-Garza

2013

Applied Mathematical Modelling

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a b s t r a c tRecently, [1] present an alternative optimization procedure to derive the optimal replenishment lot size for an economic manufacturing quantity (EMQ) model with rework and multiple shipments. This inventory model was proposed by Chiu et al. (2011) [2]. Both papers do not consider the determining of the number of shipments. This paper determines both the optimal replenishment lot size and the optimal number of shipments jointly. The solution of this paper is better than the solutions of Chiu et al. [1,2].

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Section: Discussionmentioning

confidence: 65%

An improved solution to the replenishment policy for the EMQ model with rework and multiple shipments

Cárdenas–Barrón

Sarkar

Treviño-Garza

2013

Applied Mathematical Modelling

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“…Yang and Lo [26] considered a problem of determining a suitable policy of inventory and purchasing management, with the objective of minimizing total expected inventory costs with multiple partners under controllable lead time. Many studies that addressed various aspects of supply chain issues have also been extensively carried out recently [27][28][29][30][31][32][33][34][35].…”

Section: Introductionmentioning

confidence: 99%

Finite Production Rate Model With Quality Assurance, Multi-customer and Discontinuous Deliveries

Chiu

Pai

et al. 2014

Journal of Applied Research and Technology

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This study is concerned with the replenishment-shipment decision for a multi-customer finite production rate (FPR) model with quality assurance and discontinuous deliveries. We consider that a product is manufactured by a producer and all items are screened for quality control purpose. Nonconforming items will be picked up and categorized as scrap or repairable items. The reworking will be done right after the regular production in each replenishment cycle. After the entire lot is quality assured, multiple shipments will be delivered synchronously to multi-customer in each cycle. Each customer has its own annual product demand, unit stock holding cost, as well as fixed and variable product delivery costs. Mathematical modeling along with Hessian matrix equations is employed to solve the proposed model. A closed-form optimal replenishment-shipment policy for such a specific integrated FPR model is obtained. A numerical example is provided to show the practical applicability of the obtained results.

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“…Similar methodologies have since been adopted to resolve different aspects of Economic Production Quantity (EPQ) models and various kinds of supply chain systems (Wu and Ouyang, 2003;Wee and Chung, 2006;Francis Leung, 2008;Lin et al, 2008;Chen et al, 2012). This study extends such an algebraic approach to a specific intra-supply chain system studied by Chiu et al (2014) and demonstrates that the optimal replenishment lot-size and shipment policy along with a simplified formula for the total system cost can be derived without derivatives.…”

Section: Introductionmentioning

confidence: 98%

Note on \'Combining an Improved Multi-delivery Policy into a Single-producer Multi-retailer Integrated Inventory System with Scrap in Production\'

Chou¹,

Wu²,

Chiu³

2014

RJASET

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In a recent study, Chiu et al. (2014) employed a mathematical modeling and conventional optimization technique to determine the optimal production-shipment policy for a single-producer multi-retailer integrated inventory system with scrap and an improved product distribution policy. This study replaces their optimization process of using differential calculus with an algebraic derivation. Such a simplified approach enables practitioners, who may have insufficient knowledge of calculus, to manage with ease the real world supply-chain systems.

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Alternative approach for solving replenishment lot size problem with discontinuous issuing policy and rework

Cited by 33 publications

References 23 publications

An improved solution to the replenishment policy for the EMQ model with rework and multiple shipments

An improved solution to the replenishment policy for the EMQ model with rework and multiple shipments

Finite Production Rate Model With Quality Assurance, Multi-customer and Discontinuous Deliveries

Note on \'Combining an Improved Multi-delivery Policy into a Single-producer Multi-retailer Integrated Inventory System with Scrap in Production\'

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