The effect of imperfect production in an economic production lotsize model

Chowdhury, R. Roy; Ghosh, Santanu Kumar; Chaudhuri, Kripasindhu

doi:10.1080/17509653.2014.966795

Cited by 5 publications

(1 citation statement)

References 35 publications

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“…Further, Tai (2) claimed that perfect items can deteriorate and this could also be the case with imperfect quality items. Choudhury et al (49) supposed that the cost of production depends on the reliability parameters of the goods. The considerable inspection time for the imperfect process with a rework is given by Moussawi-Haidar et al (36).…”

Section: Introductionmentioning

confidence: 99%

Optimal inventory strategies for an imperfect production system with advertisement and price reliant demand under rework option for defectives

et al. 2022

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Every industrial sector emits carbon emissions during production, which is always a major concern for environmental practitioners. To resolve this, innovative and smart ways are required that are not only cost-effective but also environmentally savvy. Moreover, the production processes are also prone to various imperfections, and thus the production of defectives is quite pragmatic. The handling of such defective products varies from industry to industry and type of products. The present study constructs an inventory model to handle the defective products via a proficient rework strategy that makes the product fit to be sold at the primary price. Here, the demand for the product is assumed to be dependent on the selling price and advertisements. The model also considers the energy usage during the production and the cost of carbon emissions while optimizing the production batch size and selling price. Optimality is proved graphically by using the software Mathematica 11.0. A comprehensive sensitivity analysis for all the parameters is performed to impart managerial insights and robustness to the model.

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Section: Introductionmentioning

confidence: 99%