search query: @author Roan, J. / total: 2
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Author: | Roan, J. Gong, L. Tang, K. |
Title: | Process mean determination under constant raw material supply |
Journal: | European Journal of Operational Research
1997 : JUN, VOL. 99:2, p. 353-365 |
Index terms: | OPERATIONAL RESEARCH STATISTICS OPERATIONS MANAGEMENT |
Language: | eng |
Abstract: | Setting the mean (target value) for a production process is an important decision for a producer when material cost is a significant portion of production cost. Because the process mean determines the process conforming rate, it affects other production decisions, including, in particular, production setup and raw material procurement policies. In this paper, the authors consider the situation in which the product of interest is assumed to have a lower specification limit, and the items that do not conform to the specification limit are scrapped with no salvage value. |
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