Article ID: | iaor20001425 |
Country: | Netherlands |
Volume: | 58 |
Issue: | 2 |
Start Page Number: | 183 |
End Page Number: | 189 |
Publication Date: | Jan 1999 |
Journal: | International Journal of Production Economics |
Authors: | Hong Yushin, Kim Chang Hyun |
Keywords: | economic order, deteriorating items |
This paper presents an economic manufactured quantity model which determines an optimal production run length in a deteriorating production process. It is assumed that the process is subject to a random deterioration from an in-control state of an out-of-control state with an arbitrary distribution and, thus, produces some proportion of defective items. An optimal production run length and a minimum average cost are derived in three deteriorating processes: constant, linearly increasing, and exponentially increasing. Several different results from those of previous research are obtained and discussed. A numerical experiment is carried out to see the behavior of the proposed model depending on the cost and process parameters.