An EPQ model for deteriorating items with imperfect production, inspection errors, rework and shortages: a type-2 fuzzy approach
Chayanika Rout (),
Ravi Shankar Kumar (),
Debjani Chakraborty () and
Adrijit Goswami ()
Additional contact information
Chayanika Rout: Indian Institute of Technology Kharagpur
Ravi Shankar Kumar: Government Polytechnic
Debjani Chakraborty: Indian Institute of Technology Kharagpur
Adrijit Goswami: Indian Institute of Technology Kharagpur
OPSEARCH, 2019, vol. 56, issue 3, No 3, 657-688
Abstract:
Abstract In this paper, a production inventory model is studied considering imperfect production and deterioration of item, simultaneously. Both the serviceable and reworkable items are assumed to deteriorate with time. A cost-minimizing model is developed incorporating both Type I and Type II inspection errors. Shortages are allowed that are completely backlogged. All the screened items are reworked at the end of the production process. To encounter a more practical situation, the deterioration rate is considered to be a type-2 fuzzy number. Such a situation arises when the vendor assigns, with similar priority, a number of experts to determine the rate of deterioration and the decision given by each expert is in linguistic term, which may be replaced by a fuzzy number. The aim of the proposed model is to calculate the maximum back-order quantity allowed and the optimal lot size that must be produced in order to minimize the overall inventory cost. The problem is solved for both the crisp and fuzzy models and a numerical example with practical application is also presented to exemplify the procedure. A novel method for solving a type-2 fuzzy optimization problem is developed which results in a set of Pareto optimal solutions for the proposed problem. It is followed by presenting a sensitivity analysis of various parameters involved on the decision variables and the cost function for a better illustration of the model.
Keywords: EPQ; Deterioration; Imperfect production; Type I and Type II inspection errors; Rework; Shortages; Type-2 fuzzy (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://link.springer.com/10.1007/s12597-019-00390-3 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
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: https://EconPapers.repec.org/RePEc:spr:opsear:v:56:y:2019:i:3:d:10.1007_s12597-019-00390-3
Ordering information: This journal article can be ordered from
http://www.springer. ... search/journal/12597
DOI: 10.1007/s12597-019-00390-3
Access Statistics for this article
OPSEARCH is currently edited by Birendra Mandal
More articles in OPSEARCH from Springer, Operational Research Society of India
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().