The economic production quantity with rework process in supply chain management

The economic production quantity with rework process in supply chain management

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Article ID: iaor20119221
Volume: 62
Issue: 6
Start Page Number: 2547
End Page Number: 2550
Publication Date: Sep 2011
Journal: Computers and Mathematics with Applications
Authors:
Keywords: management, economics, combinatorial optimization, manufacturing industries, programming: convex
Abstract:

Cardenas-Barron (2009) minimizes the annual total relevant cost T C ( Q , B ) equ1 to find the economic production quantity with rework process at a manufacturing system and assumes that T C ( Q , B ) equ2 is convex. So, the solution ( Q ¯ , B ¯ ) equ3 satisfying the first-order-derivative condition for T C ( Q , B ) equ4 will be the optimal solution. However, this paper indicates that ( Q ¯ , B ¯ ) equ5 does not necessarily exist although T C ( Q , B ) equ6 is convex. Consequently, the main purpose of this paper is two-fold:

  • This paper tries to develop the sufficient and necessary condition for the existence of the solution ( Q ¯ , B ¯ ) satisfying the-first-derivative condition of T C ( Q , B ) .
  • This paper tries to present a concrete solution procedure to find the optimal solution of T C ( Q , B ) .
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