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Mathematical and Computational Applications is published by MDPI from Volume 21 Issue 1 (2016). Articles in this Issue were published by another publisher in Open Access under a CC-BY (or CC-BY-NC-ND) licence. Articles are hosted by MDPI on mdpi.com as a courtesy and upon agreement with the previous journal publisher.
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Math. Comput. Appl. 2013, 18(2), 132-138; https://doi.org/10.3390/mca18020132

Easy and Improved Algorithms to Joint Determination of the Replenishment Lot Size and Number of Shipments for an EPQ Model with Rework

1
Department of Industrial and Systems Engineering; School of Engineering Tecnológico de Monterrey E. Garza Sada 2501 Sur, C.P. 64849, Monterrey, N.L. México
2
Department of Applied Mathematics with Oceanology and Computer Programming, Vidyasagar University, West Midnapore 721102, West Bengal, India
*
Author to whom correspondence should be addressed.
Published: 1 August 2013
PDF [403 KB, uploaded 4 March 2016]

Abstract

Recently, in Mathematical and Computational Applications Journal Chiu et al. [1] and Chen and Chiu [2] propose an inventory model based on EPQ with rework to determine the replenishment lot size and the number of shipments for a vendor-buyer integrated production-inventory system. They solve the inventory problem by considering both variables as continuous. However, the number of shipments must be considered as discrete variable. In this direction, this paper revisits and solves the inventory problem of [1-2] considering the decision variables according to their nature. Two easy and improved algorithms are proposed which simplify and complement the research works of [1-2].
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Cárdenas-Barrón, L.E.; Sarkar, B.; Treviño-Garza, G. Easy and Improved Algorithms to Joint Determination of the Replenishment Lot Size and Number of Shipments for an EPQ Model with Rework. Math. Comput. Appl. 2013, 18, 132-138.

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