An integrated production-distribution inventory system involving probabilistic defective and errors in quality inspection under variable setup cost.
S. PriyanR. UthayakumarPublished in: Int. Trans. Oper. Res. (2017)
Keyphrases
- setup cost
- lead time
- production cost
- lot sizing
- production planning
- joint replenishment
- lot size
- processing cost
- holding cost
- multi item
- inventory costs
- periodic review inventory
- total cost
- single stage
- quality control
- asymptotically optimal
- inventory models
- random variables
- long run
- inventory systems
- manufacturing systems
- state dependent
- inventory level
- multistage
- lost sales
- probability distribution
- inventory control
- production rate
- supply chain
- inventory policy
- infinite horizon
- inventory holding costs
- periodic review
- stochastic demand
- steady state
- single item
- service level
- probabilistic model