Joint effects of stochastic machine failure, backorder of permissible shortage, rework, and scrap on stock replenishing decision

With the intention of addressing product quality, machine reliability, and acceptable service level issues in real fabrication systems, this paper studies joint effects of stochastic breakdown, backorder of permissible shortage, rework, and scrap on the optimal stock replenishing policy. A decision...

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Bibliographic Details
Main Authors: Yuan-Shyi Peter Chiu, Yu-Ru Chen, Victoria Chiu, Singa Wang Chiu
Format: Article
Language:English
Published: Growing Science 2018-10-01
Series:International Journal of Industrial Engineering Computations
Subjects:
Online Access:http://www.growingscience.com/ijiec/Vol10/IJIEC_2018_14.pdf