Setup cost reduction in an integrated production inventory system for defective items with service level constraint and delay in payments.
R. UdayakumarK. V. GeethaPublished in: Logist. Res. (2017)
Keyphrases
- service level
- lead time
- production inventory
- setup cost
- single product
- inventory level
- lost sales
- total cost
- inventory models
- lot sizing
- supply chain
- infinite horizon
- planning horizon
- production rate
- inventory systems
- holding cost
- single item
- single stage
- multi item
- inventory control
- random variables
- customer demand
- call center
- stochastic demand
- periodic review
- inventory policy
- special case
- order quantity
- utility function
- probability distribution