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Determining replenishment lot size and shipment policy for an EPQ inventory model with delivery and rework

dc.creatorLeopoldo Eduardo Cárdenas Barrón
dc.date2015
dc.date.accessioned2018-10-18T20:12:55Z
dc.date.available2018-10-18T20:12:55Z
dc.identifier.issn1024123X
dc.identifier.doi10.1155/2015/595498
dc.identifier.urihttp://hdl.handle.net/11285/630330
dc.descriptionThe determination of production-shipment policies for a vendor-buyer system is dealt within this paper. The main objective is to derive the optimal replenishment lot size and shipment policy for an EPQ inventory model with multiple deliveries and rework. This inventory model contains two decision variables: the replenishment lot size and the number of deliveries. Previous researches solve this inventory model considering both variables to be continuous. However, the number of deliveries must be considered as a discrete variable. In this direction, this paper solves the inventory model considering two cases: Case 1: the replenishment lot size as a continuous variable and the number of shipments as a discrete variable and Case 2: the replenishment lot size and the number of shipments as discrete variables. The final results are two simple and easy-to-apply solution procedures to find the optimal values for the replenishment lot size and the number of deliveries for each case. © 2015 Leopoldo Eduardo Cárdenas-Barrón et al.
dc.languageeng
dc.publisherHindawi Publishing Corporation
dc.relationhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-84939630379&doi=10.1155%2f2015%2f595498&partnerID=40&md5=5f6b1c7b6d36e2bcf5fa615fde2c7fed
dc.relationInvestigadores
dc.relationEstudiantes
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0
dc.sourceMathematical Problems in Engineering
dc.subjectShips
dc.subjectContinuous variables
dc.subjectDecision variables
dc.subjectDiscrete variables
dc.subjectEPQ inventory models
dc.subjectInventory modeling
dc.subjectMultiple deliveries
dc.subjectReplenishment lot sizes
dc.subjectSolution procedure
dc.subjectInventory control
dc.subject.classification7 INGENIERÍA Y TECNOLOGÍA
dc.titleDetermining replenishment lot size and shipment policy for an EPQ inventory model with delivery and rework
dc.typeArtículo
dc.identifier.volume2015
refterms.dateFOA2018-10-18T20:12:55Z


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