A production inventory model with flexible manufacturing, random machine breakdown and stochastic repair time

This paper derives a production inventory model over infinite planning horizon with flexible but unreliable manufacturing process and the stochastic repair time. Demand is stock dependent and during the period of sale it depends on reduction on selling price. Production rate is a function of demand...

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Bibliographic Details
Main Authors: S.R. Singh, Leena Prasher
Format: Article
Language:English
Published: Growing Science 2014-08-01
Series:International Journal of Industrial Engineering Computations
Subjects:
Online Access:http://www.growingscience.com/ijiec/Vol5/IJIEC_2014_22.pdf