eprintid: 6289
rev_number: 2
eprint_status: archive
userid: 1
dir: disk0/00/00/62/89
datestamp: 2023-11-09 16:18:03
lastmod: 2023-11-09 16:18:03
status_changed: 2023-11-09 16:05:33
type: article
metadata_visibility: show
creators_name: Cárdenas-Barrón, L.E.
creators_name: Treviño-Garza, G.
creators_name: Taleizadeh, A.A.
creators_name: Vasant, P.
title: Determining replenishment lot size and shipment policy for an EPQ inventory model with delivery and rework
ispublished: pub
keywords: Ships, Continuous variables; Decision variables; Discrete variables; EPQ inventory models; Inventory modeling; Multiple deliveries; Replenishment lot sizes; Solution procedure, Inventory control
note: cited By 32
abstract: The determination of production-shipment policies for a vendor-buyer system is dealt within this paper. The main objective is to derive the optimal replenishment lot size and shipment policy for an EPQ inventory model with multiple deliveries and rework. This inventory model contains two decision variables: the replenishment lot size and the number of deliveries. Previous researches solve this inventory model considering both variables to be continuous. However, the number of deliveries must be considered as a discrete variable. In this direction, this paper solves the inventory model considering two cases: Case 1: the replenishment lot size as a continuous variable and the number of shipments as a discrete variable and Case 2: the replenishment lot size and the number of shipments as discrete variables. The final results are two simple and easy-to-apply solution procedures to find the optimal values for the replenishment lot size and the number of deliveries for each case. © 2015 Leopoldo Eduardo Cárdenas-Barrón et al.
date: 2015
publisher: Hindawi Publishing Corporation
official_url: https://www.scopus.com/inward/record.uri?eid=2-s2.0-84939630379&doi=10.1155%2f2015%2f595498&partnerID=40&md5=5f6b1c7b6d36e2bcf5fa615fde2c7fed
id_number: 10.1155/2015/595498
full_text_status: none
publication: Mathematical Problems in Engineering
volume: 2015
refereed: TRUE
issn: 1024123X
citation:   Cárdenas-Barrón, L.E. and Treviño-Garza, G. and Taleizadeh, A.A. and Vasant, P.  (2015) Determining replenishment lot size and shipment policy for an EPQ inventory model with delivery and rework.  Mathematical Problems in Engineering, 2015.   ISSN 1024123X