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Imperfect Reworking Process Consideration in Integrated Inventory Model under Permissible Delay in Payments
Joint Authors
Source
Mathematical Problems in Engineering
Issue
Vol. 2008, Issue 2008 (31 Dec. 2008), pp.1-18, 18 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2008-06-18
Country of Publication
Egypt
No. of Pages
18
Main Subjects
Abstract EN
This study develops an improved inventory model to help the enterprises to advance their profit increasing and cost reduction in a single vendor single-buyer environment with general demand curve, adjustable production rate, and imperfect reworking process under permissible delay in payments.
For advancing practical use in a real world, we are concerned with the following strategy determining, which includes the buyer's optimal selling price, order quantity, and the number of shipments per production run from the vendor to the buyer.
An algorithm and numerical analysis are used to illustrate the solution procedure.
American Psychological Association (APA)
Lo, Ming-Cheng& Yang, Ming-Feng. 2008. Imperfect Reworking Process Consideration in Integrated Inventory Model under Permissible Delay in Payments. Mathematical Problems in Engineering،Vol. 2008, no. 2008, pp.1-18.
https://search.emarefa.net/detail/BIM-468004
Modern Language Association (MLA)
Lo, Ming-Cheng& Yang, Ming-Feng. Imperfect Reworking Process Consideration in Integrated Inventory Model under Permissible Delay in Payments. Mathematical Problems in Engineering No. 2008 (2008), pp.1-18.
https://search.emarefa.net/detail/BIM-468004
American Medical Association (AMA)
Lo, Ming-Cheng& Yang, Ming-Feng. Imperfect Reworking Process Consideration in Integrated Inventory Model under Permissible Delay in Payments. Mathematical Problems in Engineering. 2008. Vol. 2008, no. 2008, pp.1-18.
https://search.emarefa.net/detail/BIM-468004
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-468004