Optimal run time for EPQ model with scrap, rework and stochastic breakdowns: A note

Yuan-Shyi Peter Chiu and Huei-Hsin Chang

Economic Modelling, 2014, vol. 37, issue C, 143-148

Abstract: In a recent study [Chiu et al., 2007. Determining the optimal run time for EPQ model with scrap, rework, and stochastic breakdowns. European Journal of Operational Research 180, 664–676], the perfect rework of nonconforming items was assumed in a production system that is subject to stochastic breakdown and random defective rate. However, in most real-life manufacturing systems emphasizing on quality assurance, the perfect rework of nonconforming products may not always be possible as a result of various factors. Therefore, in order to enhance the practical usages of their research outcome, this paper incorporates failure in rework factor into Chiu et al.'s model, derives the optimal replenishment run time for the amended model, and investigates the effect of the failure in rework on the optimal operating policy through this exact model.

Keywords: Manufacturing; Production run time; Machine breakdown; Defective item; Failure in rework; Production (search for similar items in EconPapers)
JEL-codes: C02 C44 C61 M11 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0264999313004896
Full text for ScienceDirect subscribers only

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:eee:ecmode:v:37:y:2014:i:c:p:143-148

DOI: 10.1016/j.econmod.2013.11.006

Access Statistics for this article

Economic Modelling is currently edited by S. Hall and P. Pauly

More articles in Economic Modelling from Elsevier
Bibliographic data for series maintained by Catherine Liu ().