2012
DOI: 10.4236/ajor.2012.22026
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An EPQ Model with Imperfect Production Systems with Rework of Regular Production and Sales Return

Abstract: The Economic Production Quantity (EPQ) model is commonly used by practitioners in the fields of production and inventory management to assist them in making decision on production lot size. The common assumptions in this model are that all units produced are perfect and shortages are not allowed. But, in real situation the defective items will be produced in each cycle of production and shortages and scrap are possible. These assumptions will underestimate the actual required quantity. Hence, the defective ite… Show more

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Cited by 22 publications
(9 citation statements)
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“…In 2012, Krishnamoorthi and Panayappan [10] presented an economic production model for a defective manufacturing system with sales returns and reworking. In this model, it is assumed that defective production items enter the rework process.…”
Section: Research Backgroundmentioning
confidence: 99%
“…In 2012, Krishnamoorthi and Panayappan [10] presented an economic production model for a defective manufacturing system with sales returns and reworking. In this model, it is assumed that defective production items enter the rework process.…”
Section: Research Backgroundmentioning
confidence: 99%
“…Their assumption also was singlestage system with constant rate of rework and deteriorating. Krishnamoorthi and Panayappan [11] evaluated the possible sales return for items with poor quality in a production process with rework allowed. They considered a constant proportion of defective in a single-stage manufacturing system.…”
Section: Literature Reviewmentioning
confidence: 99%
“…The sensitivity analyses of the profit function due to different measures o possibility and necessity are performed and presented graphically. Krishnamoorthi and Panayappan (2012) pointed out that in the "Economic Production Quantity (EPQ)" model, which is commonly used by practitioners in the fields of production and inventory management to assist them in making decision on production lot size has a common assumption that all units produced are perfect and shortages are not allowed. However, under real world conditions, the defective items will be produced in each cycle of production and shortages and scrap are possible.…”
Section: Reliability Adjusted Epq (Economic Production Quantity) Modelmentioning
confidence: 99%