Sustainable and flexible production system for a deteriorating item with quality consideration
Rini,
Priyamvada and
Chandra K. Jaggi ()
Additional contact information
Rini: New Academic Block University of Delhi
Priyamvada: New Academic Block University of Delhi
Chandra K. Jaggi: New Academic Block University of Delhi
International Journal of System Assurance Engineering and Management, 2021, vol. 12, issue 5, No 8, 960 pages
Abstract:
Abstract With continuously evolving and unpredictable markets, manufacturing firms are sorting to different interventions so that an optimal utilization of resources can be attained. One factor with forever focus of production managers is the demand variation. The efficient models can no longer rely on a constant production rate and non-agile systems. Thus, the objective of the presented model is to provide an optimum production schedule for a deteriorating item. The production rate is variable and the production process is unreliable. Keeping in mind the value of customer satisfaction in long run, produced units are screened to segregate items which do not conform to required quality standards. Realistically, unit production cost is assumed to be a function of production rate. Further, due to increased environmental concerns and government regulations, the manufacturer takes into account the effect of carbon emissions. An algorithm has been developed to provide the optimum values of production rate, selling price and non-production cycle duration. The presented model has been supported with numerical and sensitivity analyses.
Keywords: Sustainability; Production; Carbon emissions; Imperfect quality; Deterioration; Flexible production rate (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)
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DOI: 10.1007/s13198-021-01169-w
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