ECONOMIC PRODUCTION RUN LENGTH AND WARRANTY PERIOD FOR PRODUCT WITH WEIBULL LIFETIME

Chung-Ho Chen ()
Additional contact information
Chung-Ho Chen: Department of Management and Information Technology, Southern Taiwan University, 1 Nan-Tai Street, Yung-Kang City Tainan 710, Taiwan

Asia-Pacific Journal of Operational Research (APJOR), 2008, vol. 25, issue 06, pages 753-764

Abstract: Traditional economic manufacturing quantity (EMQ) model addressed the perfect production for product. However, there possibly exists the defective product in the production process. In this paper, we present a modified EMQ model with shortage based on considering the product revenue and the inventory cost. The economic production run length, the maximum shortage level, and the optimal warranty period are simultaneously determined for obtaining the maximum expected total profit per year. The numerical example and the sensitivity analysis are further provided for illustration.

Keywords: Economic Manufacturing Quantity (EMQ); warranty period; production run length (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.worldscinet.com/cgi-bin/details.cgi?type=pdf&id=pii:S0217595908001997 (application/pdf)
http://www.worldscinet.com/cgi-bin/details.cgi?typ ... ii:S0217595908001997 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wsi:apjorx:v:25:y:2008:i:06:p:753-764

Ordering information: This journal article can be ordered from

Access Statistics for this article

Asia-Pacific Journal of Operational Research (APJOR) is edited by Gongyun Zhao

More articles in Asia-Pacific Journal of Operational Research (APJOR) from World Scientific Publishing Co. Pte. Ltd.
Series data maintained by Tai Tone Lim ().