Journal of the Korean Operations Research and Management Science Society (한국경영과학회지)
- Volume 17 Issue 2
- /
- Pages.107-115
- /
- 1992
- /
- 1225-1119(pISSN)
- /
- 2733-4759(eISSN)
Lot-Sizing with Random Yield
Abstract
Many manufacturing processes involved in the fabrication and assembly of hightech components have highly variable yields that tend to complicate the production control. Under this random yield situation we develop a model to determine optimal input quantity, mean waiting time in the system and variance of waiting time in the system. An example which considers beta distribution as a yield distribution is given.
Keywords