Multi-Item EPQ Model with Scrap, Rework and Multi-Delivery using Common Cycle Policy



Título del documento: Multi-Item EPQ Model with Scrap, Rework and Multi-Delivery using Common Cycle Policy
Revista: Journal of applied research and technology
Base de datos: PERIÓDICA
Número de sistema: 000384275
ISSN: 1665-6423
Autores: 1
2
3
2
Instituciones: 1Chaoyang University of Technology, Department of Business Administration, Taichung. Taiwán
2Chaoyang University of Technology, Department of Industrial Engineering and Management, Taichung. Taiwán
3Feng Chia University, Department of Industrial Engineering and Systems Management, Taichung. Taiwán
Año:
Periodo: Jun
Volumen: 12
Número: 3
Paginación: 615-622
País: México
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Experimental, aplicado
Resumen en inglés This paper is concerned with determining the optimal common production cycle policy for a multi-item economic production quantity (EPQ) model with scrap, rework and multiple deliveries. The classic EPQ model considers the optimal replenishment quantity of single product under a perfect production assumption and a continuous inventory issuing policy. However, in real life production planning, manufacturing firms often plan to have multiple products made in turn on a single machine in order to maximize the machine utilization. Also, dealing with random defective items during the production run seems to be an inevitable task, and the multi-delivery policy is commonly adopted for distributing finished items to customers. In this study, we assume a portion of nonconforming items is scrap and the other portion of them can be reworked and repaired in the same production cycle with additional cost. The objective is to determine an optimal common production cycle time that minimizes the long-run average cost per unit time for such a specific multi-item EPQ model with scrap, rework and multi-delivery policy. Mathematical modeling and analysis is used and a closed-form optimal common cycle time for multi-item production planning is obtained. A numerical example is provided to demonstrate the practical usage of research result
Disciplinas: Ingeniería,
Administración y contaduría
Palabras clave: Ingeniería industrial,
Administración de la producción,
Ciclo de producción,
Producción múltiple,
Optimización,
Desechos
Keyword: Engineering,
Management and accounting,
Industrial engineering,
Production management,
Production cycle,
Multi-item production,
Scrap,
Optimization
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