Values for optimum reject allowances
J. Delfausse and
S. Saltzman
Naval Research Logistics Quarterly, 1966, vol. 13, issue 2, 147-157
Abstract:
Industrial situations exist where it is necessary to estimate the optimum number of parts to start through a manufacturing process in order to obtain a given number of completed good items. The solution to this problem is not straightforward when the expected number of rejects from the process is a random variable and when there are alternative penalties associated with producing too many or too few items. This paper discusses various aspects of this problem as well as some of the proposed solutions to it. In addition, tables of optimum reject allowances based on a comprehensive model are presented.
Date: 1966
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https://doi.org/10.1002/nav.3800130205
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:13:y:1966:i:2:p:147-157
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