Economic production quantity model with variable machining rates and product quality
The literature has several models that jointly determine the economic production quantity (EPQ) and the rate of production. Very few models define production rate explicitly. In this article, the cutting speed controls the production rate and the proportion nonconforming. Thus, we propose a model th...
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Series: | International Journal of Engineering Business Management |
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doaj-51b19ffdd6c3433c8e75189d5db82efb2021-04-02T16:52:10ZengSAGE PublishingInternational Journal of Engineering Business Management1847-97902019-09-011110.1177/1847979019872619Economic production quantity model with variable machining rates and product qualityMohammad M AlDurgam0Shokri Z Selim1Sameh T Al-Shihabi2Lamees Al-Durgham3 Systems Engineering Department, KFUPM, Dhahran, Saudi Arabia Systems Engineering Department, KFUPM, Dhahran, Saudi Arabia S P Jain School of Global Management, Sydney, Australia Industrial Engineering Department, University of Jordan, Amman, JordanThe literature has several models that jointly determine the economic production quantity (EPQ) and the rate of production. Very few models define production rate explicitly. In this article, the cutting speed controls the production rate and the proportion nonconforming. Thus, we propose a model that integrates EPQ, machining economics and quality. Even though the objective function of the model is non-convex, we show for realistic values of some technical parameters that a local minimum of the proposed mathematical model is also global. Examples clearly show the effect of the production economics factors on the optimal machining speed and production quantity.https://doi.org/10.1177/1847979019872619 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Mohammad M AlDurgam Shokri Z Selim Sameh T Al-Shihabi Lamees Al-Durgham |
spellingShingle |
Mohammad M AlDurgam Shokri Z Selim Sameh T Al-Shihabi Lamees Al-Durgham Economic production quantity model with variable machining rates and product quality International Journal of Engineering Business Management |
author_facet |
Mohammad M AlDurgam Shokri Z Selim Sameh T Al-Shihabi Lamees Al-Durgham |
author_sort |
Mohammad M AlDurgam |
title |
Economic production quantity model with variable machining rates and product quality |
title_short |
Economic production quantity model with variable machining rates and product quality |
title_full |
Economic production quantity model with variable machining rates and product quality |
title_fullStr |
Economic production quantity model with variable machining rates and product quality |
title_full_unstemmed |
Economic production quantity model with variable machining rates and product quality |
title_sort |
economic production quantity model with variable machining rates and product quality |
publisher |
SAGE Publishing |
series |
International Journal of Engineering Business Management |
issn |
1847-9790 |
publishDate |
2019-09-01 |
description |
The literature has several models that jointly determine the economic production quantity (EPQ) and the rate of production. Very few models define production rate explicitly. In this article, the cutting speed controls the production rate and the proportion nonconforming. Thus, we propose a model that integrates EPQ, machining economics and quality. Even though the objective function of the model is non-convex, we show for realistic values of some technical parameters that a local minimum of the proposed mathematical model is also global. Examples clearly show the effect of the production economics factors on the optimal machining speed and production quantity. |
url |
https://doi.org/10.1177/1847979019872619 |
work_keys_str_mv |
AT mohammadmaldurgam economicproductionquantitymodelwithvariablemachiningratesandproductquality AT shokrizselim economicproductionquantitymodelwithvariablemachiningratesandproductquality AT samehtalshihabi economicproductionquantitymodelwithvariablemachiningratesandproductquality AT lameesaldurgham economicproductionquantitymodelwithvariablemachiningratesandproductquality |
_version_ |
1721555167371853824 |