Optimal Ordering and Inspection Policies when the Incoming Lots are Subjected to Sampling Inspection

Rao P Poornachandra

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: In this paper a mathematical model has been developed in which the interactions of Economic Order Quantities with quality control policies have been considered. The incoming lots of an inventory system are assumed to be subjected to single sample inspection plan. Expressions for optimal order quantities and inspections policies have been developed assuming the probability distribution function of fraction defective in an incoming lot is uniformly distributed. A numerical example has been provided to illustrate the model.

Date: 1990-06-01
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Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp00946

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