Determination of production-shipment policy using a two-phase algebraic approach
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Creator 1. Huei-Hsin Chang
2. Yuan-Shyi Peter Chiu
3. Hong-Dar Lin
Title Determination of production-shipment policy using a two-phase algebraic approach
Publisher Maejo University
Publication Year 2555
Journal Title Maejo International Journal of Science and Technology
Journal Vol. 6
Journal No. 1
Page no. 119
Keyword manufacturing system,replenishment lot size,delivery,two-phase algebraic approach,random defective rate
ISSN 1905-7873
Abstract The optimal production-shipment policy for end products using mathematical modeling and a two-phase algebraic approach is investigated. A manufacturing system with a random defective rate, a rework process, and multiple deliveries is studied with the purpose of deriving the optimal replenishment lot size and shipment policy that minimizes total production-delivery costs. The conventional method uses differential calculus on the system cost function to determine the economic lot size and optimal number of shipments for such an integrated vendor-buyer system, whereas the proposed two-phase algebraic approach is a straightforward method that enables practitioners who may not have sufficient knowledge of calculus to manage real-world systems more effectively.
MaejoInternational Journal of ScienceandTechnology

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