Inspection error effects on economic selection of target value for a production process

Inspection error effects on economic selection of target value for a production process

0.00 Avg rating0 Votes
Article ID: iaor1998561
Country: Netherlands
Volume: 79
Issue: 2
Start Page Number: 311
End Page Number: 324
Publication Date: Dec 1994
Journal: European Journal of Operational Research
Authors: ,
Abstract:

In a complete inspection plan, every finished item is subject to variable inspection. Items are acceptable if they meet specifications. Otherwise, the items are sold as scrap at a reduced price. This paper presents an economic model to determine the most profitable target value for a production process with consideration of inspection error. As expected, the model without error consideration is the special case of our model when inspection precision level approaches infinity.

Reviews

Required fields are marked *. Your email address will not be published.