An Integrated Inventory Model with Order-Size-Dependent Trade Credit and Quality Improvement

作者: Cheng-Ju Chuang , Chia-Huei Ho , Liang-Yuh Ouyang , Chien-Wei Wu

DOI: 10.1016/J.PROCS.2013.05.047

关键词:

摘要: Abstract Chang et al. [1] proposed an integrated inventory model with order-size-dependent trade credit. However, quality issues were not discussed in their model. It is unrealistic for a production system to produce 100 percent good products. The number of defective items lot will influence the buyer's on-hand level, service and frequency orders. Therefore, this paper extends al.’s items. Moreover, we consider capital investment improvement. objective our analysis determine optimal ordering, shipping, improvement policies maximize joint total profit per unit time. An iterative algorithm established obtain solution. Furthermore, sensitivity conducted study effects changing main parameter values on

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