Optimal batch size and raw material ordering policy for a production system with a fixed-interval, lumpy demand delivery system

作者: Bhaba R. Sarker , Gyana R. Parija

DOI: 10.1016/0377-2217(94)00277-0

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摘要: Abstract The paper develops an ordering policy for raw materials, to meet the demands of a production facility which supplies fixed quantity finished products outside buyers, at interval time. In this model, optimal multi-order procurement materials single manufacturing batch is developed minimize total cost. An integer approximation adopted refine solution. A worst-case scenario also analyzed demonstrate effect setup costs on cost inventory system.

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