| Article ID: | iaor2003116 |
| Country: | Netherlands |
| Volume: | 77 |
| Issue: | 1 |
| Start Page Number: | 85 |
| End Page Number: | 87 |
| Publication Date: | Jan 2002 |
| Journal: | International Journal of Production Economics |
| Authors: | Cardenas-Barron Leopoldo Eduardo, Goyal Suresh Kumar |
In this note we present a simple approach for determining the economic production quantity for an item with imperfect quality. We compare the results based on the simple approach with the optimal method for determining the lot size and show that almost optimal results are obtained using the simple approach.