An optimal production run time with imperfect production processes and allowable shortages

An optimal production run time with imperfect production processes and allowable shortages

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Article ID: iaor20031817
Country: United Kingdom
Volume: 30
Issue: 4
Start Page Number: 483
End Page Number: 490
Publication Date: Apr 2003
Journal: Computers and Operations Research
Authors: ,
Abstract:

This paper develops a model to determine an optimal run time for a deteriorating production system under allowable shortage. It is assumed that the elapsed time until the production process shift is arbitrarily distributed. We show that there exists a unique optimal production run time to minimize the total relevant cost function. Finally, bounds for the optimal production run time are provided to develop the solution procedure.

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