论文信息 - Optimization in an Inventory Model with Reliability Consideration

Optimization in an Inventory Model with Reliability Consideration

This article investigates an instantaneous production plan to obtain an optimal ordering policy wherein demand exceeds supply, all items are subjected to inspection and defective items are discarded. The unit cost of production is inversely related to both process reliability and demand rate. Under reasonable conditions, maximum positive cost savings are generated when the process reliability increases.

M. Pattnaik | Tripathy Pk

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