Article ID: | iaor199153 |
Country: | United States |
Volume: | 29 |
Start Page Number: | 22 |
End Page Number: | 24 |
Publication Date: | Dec 1988 |
Journal: | Production and Inventory Management Journal |
Authors: | Schwaller Richard L. |
Classical EOQ models extended to include adjustments for the presence of defectives and the cost of inspecting and removing them. For each extended model, the optimum lot size is obtained assuming that the proportion of defectives in the lots is a constant and the setup and unit costs for inspection are known.