• 한국경영과학회지
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• 제33권4호
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• pp.53-61
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• 2008

Recently, Ertogral et al.[2] suggested two models considering the transportation cost based on single-vendor single-buyer integrated production-inventory problem. Although their problem-solving algorithm guarantees solutions obtained are optimal, a limitation is revealed that its performance can be inefficient due to complete enumeration search in a certain range. In this paper, a more efficient algorithm in finding optimal solutions is suggested for the same problem suggested by Ertogral et at.[2]. Numerical examples are presented for illustrative purpose.

• 품질경영학회지
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• 제20권2호
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• pp.1-10
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• 1992

In this paper, we study a joint lot sizing and inspection policy under an EPQ(Economic Production Quantity) model where a random proportion of units are defectives. Those units can be discovered only through costly inspection. The problem is thus bivariate : both lot size and fraction to inspect are to be chosen. We first analyze a model in which the only penalty for uninspected defectives is financial, and then consider a model where defectives units cannot be used and thus must be replaced by non-defective ones. As a result it can be proved that this inspection policy costs economically and is to be decided effectively for the Economic Production Quantity constraining the fraction to inspect.

• International Journal of Advanced Culture Technology
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• 제8권1호
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• pp.62-70
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• 2020

As an effective means of price discrimination, some suppliers offer trade credit to the distributors in order to stimulate the demand for the product they produce. The availability of the delay in payments from the supplier enables discount of the distributor's selling price from a wider range of the price option in anticipation of increased customer's demand. Since the distributor's lot-size is affected by the demand for the customer, the distributor's lot-size and the selling price determination problem is interdependent and must be solved at the same time. Also, in many common business transactions, the distributor pays the shipping cost for the order and hence, the distributor's ordering cost consists of a fixed ordering cost and the shipping cost that depend on the order quantity. In this regard, we deal with the joint lot-size and price determination problem when the supplier allows delay in payments for an order of a product. The positive effects of credit transactions can be integrated into the EOQ (economic order quantity) model through the consideration of retailing situations, where the customer's demand is a function of the distributor's selling price. It is also assumed that the distributor's order cost consists of a fixed ordering cost and the variable shipping cost. We formulate the distributor's mathematical model from which the solution algorithm is derived based on properties of an optimal solution. A numerical example is presented to illustrate the algorithm developed.