An economic production quantity model with imperfection in process, unit transportation cost and backordering

Mubashir Hayat

International Journal of Operational Research, 2021, vol. 40, issue 3, 279-296

Abstract: Determining batch quantity for manufacturer in an imperfect production setup is a key issue during the last decade. Several mathematical models have been developed for this purpose but these models are lacking of the consideration of unit transportation cost in the system-wide cost. It is quite clear, that nowadays the transportation accounts for a huge portion of the overall cost of a product. Therefore, there is a need to involve transportation cost into the model for better decision-making process. In this way, the paper incorporates unit transportation cost in an imperfect environment and allowing backorders as well as random defects. Three cases have been modelled by assuming the defective rate following uniform, triangular and beta distribution. Sensitivity analysis has been carried out to point out the important specification of all the three cases of the model.

Keywords: EPQ model; unit transportation cost; imperfection in process; backordering. (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=114300 (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: https://EconPapers.repec.org/RePEc:ids:ijores:v:40:y:2021:i:3:p:279-296

Access Statistics for this article

More articles in International Journal of Operational Research from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().