The effect of service constraint on EPQ model with random defective rate

Chiu studied the effect of service-level constraint on the economic production quantity (EPQ) model with random defective rate. In this note, we will offer a simple algebraic approach to replace his differential calculus skill to find the optimal solution under the expected annual cost minimization.

Bibliographic Details
Main Author: Yung-Fu Huang
Format: Article
Language:English
Published: Hindawi Limited 2006-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/MPE/2006/79028