Production-Inventory System for Deteriorating Items with Machine Breakdown, Inspection, and Partial Backordering

Kung, Kuang-Yuan; Huang, Yu-Xiu; Wee, Hui–Ming; Daryanto, Yosef

doi:10.3390/math7070616

Cited by 8 publications

(4 citation statements)

References 49 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Zeng (2001) analyzed the situation of partial backordering in an inventory model. Taleizadeh (2018), Pal and Adhikari (2019), Kung et al (2019), De and Mahata (2020), Ahmed et al (2021), Öztürk (2021a), Khan et al (2022), Choi et al (2022), explored the inventory problems with partial backordering.…”

Section: Literature Reviewmentioning

confidence: 99%

A single-stage cleaner production system with waste management, reworking, preservation technology, and partial backlogging under inflation

Bhatnagar¹,

Kumar²,

Yadav³

2022

RAIRO-Oper. Res.

View full text Add to dashboard Cite

Waste management and reworking are very crucial issues in a cleaner production system. The adaptation of the reservation mechanism in inventory control is also a key aspect from an economic and environmental point of view. In the current study, an inventory model for a cleaner production system is modelled taking into consideration inflation and all these practical concerns. The deterioration process takes place in the production system. In the model, market demand is considered as sales team efforts and selling price dependent. Here, the rate of production along with the unit production cost is taken as variables. An investment in preservation technology is made with the goal to lower the percentage of defective products. Further, partial backordering is considered. In order to demonstrate the model, a numerical example is provided. A Hessian matrix is used to establish the concavity of the objective function. A theoretical result is provided to obtain the concavity of the objective function. Sensitivity analysis along with managerial implications is also provided in the manuscript. Results indicate that by implementing high-efficiency preservation technology, the detrimental effects of deterioration on profit can be mitigated. Due to preservation technology, 1.6 percent rise in profit is observed. Thus, the selection of the right preservation technology is crucial for both financial and environmental sustainability. In addition to this, higher reworking rates and capital investment in quality improvement result in high profit for the system.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

A single-stage cleaner production system with waste management, reworking, preservation technology, and partial backlogging under inflation

Bhatnagar¹,

Kumar²,

Yadav³

2022

RAIRO-Oper. Res.

View full text Add to dashboard Cite

show abstract

“…In production-inventory strategies, another important factor which has been discussed recently is the sustainability of the economic growth, which mainly depends on numerous parameters [39][40][41][42]. Kung et al [43] considered a production-inventory system for deteriorating items with machine breakdown, inspection, and partial backordering.…”

Section: Literature Reviewmentioning

confidence: 99%

“…If the hazard rates of conforming and nonconforming products follow a Weibull distribution (please see [43]), then the mean failure rates are…”

Section: Manufacturing Costmentioning

confidence: 99%

Optimal Replenishment Policy for Deteriorating Products in a Newsboy Problem with Multiple Just-in-Time Deliveries

et al. 2020

View full text Add to dashboard Cite

Product deterioration is a common phenomenon and is overlooked in most contemporary research on the newsboy problem. In this study, we have considered product deterioration in a production–inventory newsboy model based on multiple just-in-time (JIT) deliveries. This model is solved by a classical optimization technique for the manufacturer production size, wholesale price, replenishment plan, and retailer order policy using a distribution-free approach. Moreover, in order to improve business and entice more customers, a return policy and a post-sale warranty policy is adopted in the model. Theoretical development and numerical examples are provided to demonstrate the validity of this approach.

show abstract

“…Sensitivity analysis is a classical method that is used to analyse the impact of parameters on a model output [35][36][37][38][39][40][41]. Hence, this paper investigates how large variations of cost parameters impact the solution and total costs.…”

Section: Sensitivity Analysismentioning

confidence: 99%

Integrated Vendor–Buyer Lot-Sizing Model with Transportation and Quality Improvement Consideration under Just-in-Time Problem

et al. 2019

View full text Add to dashboard Cite

This paper deals with the problem of transportation and quality within a Just-in-Time (JIT) inventory replenishment system. Formerly, transportation and quality problem are often modelled separately in most integrated inventory lot-sizing models. Hence, this paper develops an integrated vendor-buyer lot-sizing model by considering transportation and quality improvements into a JIT environment. The model is developed for minimising a total vendor–buyer system cost by optimising decisions such as delivery quantity, production batch, number of shipments, and process quality. Numerical examples and sensitivity analysis are provided to illustrate the proposed model. The developed model was also compared with an enumeration method to analyse the effectiveness of the proposed model to find the optimum solution. The results emphasise that the proposed model contributes to a new approach and obtains a near optimum solution for inventory replenishment decisions. The results are also beneficial to JIT practices as the model can improve the transport payload and reduce the chance of defective products and improving quality-related costs.

show abstract

Production-Inventory System for Deteriorating Items with Machine Breakdown, Inspection, and Partial Backordering

Cited by 8 publications

References 49 publications

A single-stage cleaner production system with waste management, reworking, preservation technology, and partial backlogging under inflation

A single-stage cleaner production system with waste management, reworking, preservation technology, and partial backlogging under inflation

Optimal Replenishment Policy for Deteriorating Products in a Newsboy Problem with Multiple Just-in-Time Deliveries

Integrated Vendor–Buyer Lot-Sizing Model with Transportation and Quality Improvement Consideration under Just-in-Time Problem

Contact Info

Product

Resources

About