An improved solution to the replenishment policy for the EMQ model with rework and multiple shipments

Leopoldo Eduardo Cárdenas-Barrón, Biswajit Sarkar, Gerardo Treviño-Garza

Research output: Contribution to journalArticle

45 Citations (Scopus)

Abstract

Recently, Chiu et al. (2012) [1] present an alternative optimization procedure to derive the optimal replenishment lot size for an economic manufacturing quantity (EMQ) model with rework and multiple shipments. This inventory model was proposed by Chiu et al. (2011) [2]. Both papers do not consider the determining of the number of shipments. This paper determines both the optimal replenishment lot size and the optimal number of shipments jointly. The solution of this paper is better than the solutions of Chiu et al. [1,2].

Original languageEnglish
Pages (from-to)5549-5554
Number of pages6
JournalApplied Mathematical Modelling
Volume37
Issue number7
DOIs
Publication statusPublished - 2013 Apr 1

Fingerprint

Rework
Lot Size
Manufacturing
Economics
Inventory Model
Model
Optimization
Alternatives
Policy

All Science Journal Classification (ASJC) codes

  • Modelling and Simulation
  • Applied Mathematics

Cite this

Cárdenas-Barrón, Leopoldo Eduardo ; Sarkar, Biswajit ; Treviño-Garza, Gerardo. / An improved solution to the replenishment policy for the EMQ model with rework and multiple shipments. In: Applied Mathematical Modelling. 2013 ; Vol. 37, No. 7. pp. 5549-5554.
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An improved solution to the replenishment policy for the EMQ model with rework and multiple shipments. / Cárdenas-Barrón, Leopoldo Eduardo; Sarkar, Biswajit; Treviño-Garza, Gerardo.

In: Applied Mathematical Modelling, Vol. 37, No. 7, 01.04.2013, p. 5549-5554.

Research output: Contribution to journalArticle

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