Using algebraic approach to solve an EPQ model with rework and service level constraint

Using algebraic approach to solve an EPQ model with rework and service level constraint

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Article ID: iaor200975
Country: India
Volume: 29
Issue: 2
Start Page Number: 329
End Page Number: 334
Publication Date: Mar 2008
Journal: Journal of Information & Optimization Sciences
Authors: , ,
Abstract:

Chiu et al. examined the economic production quantity (EPQ) model with rework and service level constraint. 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 total cost minimized.

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