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Journal of Scientific and Industrial Research (JSIR) >
JSIR Vol.67 [2008] >
JSIR Vol.67(02) [February 2008] >
| Title: | Effect of shortage level constraint on finite production rate model with rework |
| Authors: | Chiu, Yuan-Shyi Peter
Chiu, Singa Wang
Chao, Huang-Chieh |
| Keywords: | Defects
Finite production rate
Manufacturing
Rework
Scrap
Shortage level constraint |
| Issue Date: | Feb-2008 |
| Publisher: | CSIR |
| Abstract: | Long run average costs for finite production rate model with backlogging is less than or equal to that of the same model
without backlogging. An equation for calculating intangible backorder cost is proposed for situation when required service
level is not attainable. By incorporating this intangible backorder cost in mathematical analysis, one can derive a new optimal
lot-size policy that minimizes expected total costs as well as satisfies the shortage level constraint. |
| Page(s): | 112-116 |
| ISSN: | 0022-4456 |
| Source: | JSIR Vol.67(02) [February 2008]
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