Abstract
This paper deals with a canning problem. Consider the contents of a can to be a normally distributed random variable with a known variance and a mean that is set by the canner. An overfilled can is sold in the regular market for a fixed price; an underweight can is emptied and refilled at the expense of a reprocessing cost. A simple linear expression is presented that gives the economically optimum setting for the process mean.
Additional information
Notes on contributors
Damodar Y. Golhar
Dr. Golhar is an Assistant Professor in the Department of Management.