13
Views
1
CrossRef citations to date
0
Altmetric
Original Articles

Optimal ordering policies and capital investment in setup reduction for continuous review inventory system with random yields

&
Pages 65-77 | Received 01 May 2001, Published online: 14 Jun 2013

References

  • Billington , P. J. 1987 . The classical economic production quantity model with setup cost as a function of capital expenditure . Decision Sciences , 18 : 25 – 42 .
  • Gerchak , Y. 1992 . Order point/order quality models with random yield . International Journal of Production Economics , 26 : 297 – 298 .
  • Gerchak , Y. and Parlar , M. 1990 . Yield variability, cost tradeoffs and diversification in the EOQ Model . Naval Research Logistics , 37 : 341 – 354 .
  • Hadley , G. and Whitin , T.M. 1963 . Analysis of inventory systems , Englewood Cliffs , NJ : Prentice-Hall .
  • Hall , R. 1983 . Zero Inventories , Homewood , Illinois : Dow Jones-Irwin .
  • Hariga , H. and Ben-Daya , M. 1999 . Some stochastic inventory models with deterministic variable lead time . European Journal of Operational Research , 113 : 42 – 51 .
  • Hofmann , C. 1998 . Investments in modern production technology and the cash flow-oriented EPQ-model . International Journal of Production Economics , 54 : 193 – 206 .
  • Hong , J. D. 1997 . Optimal production cycle, procurement schedules, and joint investment in an imperfect production system . European Journal of Operational Research , 100 : 413 – 428 .
  • Kalro , A. H. and Gohil , M. M. 1982 . A lot size model with backlogging when the amount received is uncertain . International Journal of Production Research , 20 : 775 – 786 .
  • Keller , J. G. and Noori , H. 1988 . Impact of investing in quality improvement on the lot size model . OMEGA International Journal of Management Sciences , 15 : 595 – 601 .
  • Noori , A. H. and Keller , G. 1986 . The lot-size reorder-point model with upstream-downstream uncertainty . Decision Sciences , 17 : 285 – 291 .
  • Parlar , M. and Wang , D. 1993 . Diversification under yield randomness in inventory models . European Journal of Operational Research , 66 : 52 – 64 .
  • Porteus , E. L. 1985 . Investing in reduced setups in the EOQ model . Management Sciences , 31 : 998 – 1010 .
  • Porteus , E. L. 1986 . Optimal lot sizing, process quality improvement and setup cost reduction . Operations Research , 34 : 137 – 144 .
  • Sarker , B. R. and Coates , E. R. 1997 . Manufacturing setup cost reduction under variable lead time and finite opportunities for investment . International Journal of Production Economics , 49 : 237 – 247 .
  • Shih , W. 1980 . Optimal inventory policies when stockouts result from defective products . International Journal of Production Research , 18 : 677 – 685 .
  • Silver , E. A. 1976 . Establishing the reorder quantity when the amount received is uncertain . INFOR , 14 : 32 – 39 .
  • Silver , E. A. , Pyke , D. F. and Peterson , R. 1998 . Inventory Management and Production Planning and Scheduling , New York : John Wiley .
  • Wang , Y. and Gerchak , Y. 1996 . Periodic review production models with variable capacity, random yield, and uncertain demand . Management Science , 42 : 130 – 137 .
  • Yano , C. A. and Lee , H. L. 1995 . Lot sizing with random yields: a review . Operations Research , 43 : 311 – 334 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.