Combining a cost-benefit algorithm for ECTEP into the product structure diagram

Chiu, Yuan Shyi Peter

doi:10.1504/ijmpt.2005.006463

Cited by 9 publications

(4 citation statements)

References 13 publications

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“…Reconsider the problem given by Stevenson [1, p. 669] and used by Chiu [7]. Figure 1 depicts the product structure tree of an end product W.…”

Section: Example and Discussionmentioning

confidence: 99%

“…The revised cost-benefit algorithm incorporates the aforementioned parameters to address the imperfect-quality materials problem in PSD. Then, it uses the least adjusted unit procurement cost to find the initial set of S ijk solution for every activity A ij in PSD [7]. Subsequently, CPM is used to find the critical path based on the parent-child relationship among activities and related parameters of the initial solution set.…”

Section: Revised Cost-benefit Algorithmmentioning

confidence: 99%

“…email: ypchiu@mail.cyut.edu.tw and a price war in a turbulent environment. For this reason, Chiu [7] first proposed a cost-benefit algorithm for expediting the completion time of the end product in the product structure diagram. In his work, the issue of defective components/materials was not considered.…”

Section: Introductionmentioning

confidence: 99%

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A revised cost-benefit algorithm for solving the expediting completion time of end product problem with defective materials in the product structure diagram

Chiu

Shih

Chiu

2007

Proceedings of the Institution of Mechanical Engineers, Part B:

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This paper proposes a revised cost-benefit algorithm for solving the expediting completion time of end product (ECTEP) problem with defective components/materials in the product structure diagram. The existing cost-benefit ECTEP algorithm assumes that all materials produced or purchased are of perfect quality. However, the procurement of defective materials in a real-life situation is inevitable. This study extends the algorithm to take imperfect-quality component parts into consideration. Adjusted unit procurement cost and adjusted required quantity are incorporated to address the issue of defective materials procured. Both random and stationary imperfect quality rates are examined. The critical path method and time-costing method are utilized in the proposed solution procedures for finding the optimal material procurement alternatives that minimize the end product unit manufacturing cost (including compensatory cost for defective materials) as well as expediting its total completion time. A numerical example is provided to demonstrate its practical usage.

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“…Reconsider the problem given by Stevenson [1, p. 669] and used by Chiu [7]. Figure 1 depicts the product structure tree of an end product W.…”

Section: Example and Discussionmentioning

confidence: 99%

Section: Revised Cost-benefit Algorithmmentioning

confidence: 99%

See 1 more Smart Citation

A revised cost-benefit algorithm for solving the expediting completion time of end product problem with defective materials in the product structure diagram

Chiu

Shih

Chiu

2007

Proceedings of the Institution of Mechanical Engineers, Part B:

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“…With this in mind, we hope to use circular economy or recycling to reduce the consumption of the earth's resources. The past decade has seen a wide range of literature on reverse logistics (Chan, Yin, & Chan, 2010 [1]; Alamri, 2011 [2]; Mona 2011 [3]; Lin, C-C., 2013 [4]; Li, Y., & Chen, Z., 2015 [5]; Wakhid, A.J., Rahmad, S., Pringgo, W. L., 2018 [6]) and sustainable product design/manufacturing/operations (Yuan-Shyi, 2005 [7]; El Saadany & Jaber, 2010 [8], 2011 [9]; Gungor & Gupta, 1999 [10]; Jaber & El Saadany, 2009 [11], 2011 [12]; Hodgson & Warburton, 2009 [13]). Some recent reviews (Akcali & Cetinkaya, 2011 [14]; Lin, T-Y., 2013 [15]) have shown that inventory and production planning in a closed-loop supply chain are quantitative models.…”

Section: Introductionmentioning

confidence: 99%

Determining the Optimal Inventory and Number of Shipments for a Two-Resource Supply Chain with Correlated Demands and Remanufacturing Products Allowing Backorder

Lin

2020

Mathematics

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This study develops an integrated supplier–remanufacturer and customer (downstream manufacturer) inventory model that takes into account three-echelon system with correlated demands and remanufacturing products allowing a backorder goods condition. This paper improves the observable fact that the first model system customer might select two sources from remanufactured products or supplier products without defective items. The second model further considers the defective items during the screening duration. The results are examined analytically and numerically to show that the policy of single shipment in large lot sizes results in less total cost than a frequent shipments policy. We also explore the impact of recovery rate on the economic benefits of the inventory system. In addition, we also perform sensitivity analysis to study the impact of seven important parameters (transportation cost, recovery rate, screening rate, annual demand, defect rate, and backorder rate, holding cost,) on the optimal solution. Management insights were also discussed.

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Abstracts

Kahn

2005

J of Product Innov Manag

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Combining a cost-benefit algorithm for ECTEP into the product structure diagram

Cited by 9 publications

References 13 publications

A revised cost-benefit algorithm for solving the expediting completion time of end product problem with defective materials in the product structure diagram

A revised cost-benefit algorithm for solving the expediting completion time of end product problem with defective materials in the product structure diagram

Determining the Optimal Inventory and Number of Shipments for a Two-Resource Supply Chain with Correlated Demands and Remanufacturing Products Allowing Backorder

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