Article ID: | iaor20082128 |
Country: | India |
Volume: | 28 |
Issue: | 3 |
Start Page Number: | 461 |
End Page Number: | 468 |
Publication Date: | May 2007 |
Journal: | Journal of Information & Optimization Sciences |
Authors: | Huang Yung-Fu, Shyu Maw-Liann, Huang Hung-Fu |
Keywords: | reworking |
Chiu & Chiu studied the effect of random defective rate and all of the defective items are reworked and repaired on the Economic Production Quantity (EPQ) model. Chiu studied the effect of random defective rate and not all of the defective items are reworked, a portion of them is scrap, on the EPQ model with backlogging allowed. In this note, we will offer a simple algebraic approach to replace their differential calculus skill to find the optimal solution under the expected annual cost minimized.