Author:
Peter Chiu,Sung Peng-Cheng,Chiu Victoria
Abstract
In a recent study, a manufacturing batch-size and end-product shipment problem with outsourcing, multi-shipment, and rework was investigated using mathematical modeling and derivatives in its solution procedure. This study demonstrates that a simplified two-phase algebraic approach can also solve the problem and decide the cost-minimization policies for batch-size and end-product shipments. Our proposed straightforward solution approach enables the practitioners in the production planning and controlling filed to comprehend and efficiently solve the best replenishing batch-size and shipment policies of this real problem.
Publisher
Centre for Evaluation in Education and Science (CEON/CEES)
Subject
Mechanical Engineering,General Engineering,Safety, Risk, Reliability and Quality,Transportation,Renewable Energy, Sustainability and the Environment,Civil and Structural Engineering
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