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Optimal lot sizing with unreliable production system

✍ Scribed by A Moini; D.N.P Murthy

Publisher
Elsevier Science
Year
2000
Tongue
English
Weight
421 KB
Volume
31
Category
Article
ISSN
0895-7177

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✦ Synopsis

The classical lot, sizing model deals with economic lot sizing for production in a deterministic framework. In real life, various forms of uncertainty affect the production. These include machine breakdown, quality variations, and so on. This paper develops a model with unreliable production systems and under alternative repair option strategies.

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In this paper, we consider the economic production quantity problem in the presence of imperfect processes. In the literature, the time to shift from the in-control state to the out-of-control state is assumed to be exponentially distributed. In this study, we consider general time to shift distribu