%0 Journal Article
%T Determination of production-shipment policy using a two-phase algebraic approach
%A Huei-Hsin Chang
%J Maejo International Journal of Science and Technology
%D 2012
%I Maejo University
%X The optimal production-shipment policy for end products using mathematicalmodeling and a two-phase algebraic approach is investigated. A manufacturing systemwith a random defective rate, a rework process, and multiple deliveries is studied with thepurpose of deriving the optimal replenishment lot size and shipment policy that minimisestotal production-delivery costs. The conventional method uses differential calculus on thesystem cost function to determine the economic lot size and optimal number of shipmentsfor such an integrated vendor-buyer system, whereas the proposed two-phase algebraicapproach is a straightforward method that enables practitioners who may not havesufficient knowledge of calculus to manage real-world systems more effectively.
%K manufacturing system
%K replenishment lot size
%K delivery
%K two-phase algebraic approach
%K random defective rate
%U http://www.mijst.mju.ac.th/vol6/119-129.pdf