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Author: | Affisco, J. F. Paknejad, M. J. Nasri, F. |
Title: | Quality improvement and setup reduction in the joint economic lot size model |
Journal: | European Journal of Operational Research
2002 : NOV, VOL. 142:3, p. 497-508 |
Index terms: | INVENTORY CONTROL LOT-SIZE MODEL QUALITY |
Language: | eng |
Abstract: | The co-maker concept has become accepted practice in many successful global business organizations. This fact has resulted in a class of inventory models known as joint economic lot size (JELS) models. Heretofore such models assumed perfect quality production on the part of the vendor. This paper relaxes this assumption and proposes a quality-adjusted JELS model. |
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