Abstract
In this study we present a production-inventory model for deteriorating item with vendor-buyer integration. A periodic delivery policy for a vendor and a production-inventory model with imperfect quality for a buyer are established. Such implicit assumptions (deteriorating items, imperfect quality) are reasonable in view of the fact that poor-quality items do exist during production. Defective items are picked up during the screening process. Shortages are completely backordered. The study shows that our model is a generalization of the models in current literatures. An algorithm and numerical analysis are given to illustrate the proposed solution procedure. Computational results indicate that our model leads to a more realistic result.
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Wee, H.M., Yu, J.C.P., Wang, K.J. (2006). An Integrated Production-Inventory Model for Deteriorating Items with Imperfect Quality and Shortage Backordering Considerations. In: Gavrilova, M., et al. Computational Science and Its Applications - ICCSA 2006. ICCSA 2006. Lecture Notes in Computer Science, vol 3982. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11751595_93
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DOI: https://doi.org/10.1007/11751595_93
Publisher Name: Springer, Berlin, Heidelberg
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