DEFECTIVE UNITS IN A CONTINUOUS-REVIEW (S,Q) SYSTEM

Authors
PAKNEJAD MJ NASRI F AFFISCO JF
Citation
Mj. Paknejad et al., DEFECTIVE UNITS IN A CONTINUOUS-REVIEW (S,Q) SYSTEM, International Journal of Production Research, 33(10), 1995, pp. 2767-2777
Citations number
NO
Categorie Soggetti
Engineering,"Operatione Research & Management Science
Journal title
International Journal of Production Research → ACNP
ISSN journal
00207543
Volume
33
Issue
10
Year of publication
1995
Pages
2767 - 2777
Database
ISI
SICI code
0020-7543(1995)33:10<2767:DUIAC(>2.0.ZU;2-G
Abstract
This paper considers the number of defective items in a lot to be a ra ndom variable and derives a modified (s, Q) model with stochastic dema nd and constant lead time. The paper develops explicit results for the case of exponential and uniform demand during lead time when the numb er of defective items in a lot follows a binomial process. It also inv estigates the effect of lower setup costs on the operating characteris tics of the model. A numerical example is given and sensitivity analys is is performed.