A composite model in the context of a production-inventory system

A composite model in the context of a production-inventory system

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Article ID: iaor200950387
Country: Germany
Volume: 3
Issue: 2
Start Page Number: 239
End Page Number: 251
Publication Date: Mar 2009
Journal: Optimization Letters
Authors:
Abstract:

In the context of a manufacturing situation, the procurement of multiple input items has been considered along with the production of a finished item. A composite model has been developed for a generalized environment in which the fractional backordering is included. The model can be used for a variety of situations. The output parameters are provided for possible combinations of input parameters, which can be used directly and are also suitable for further analysis.

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