Lotsizing in a Production System with Rework and Product Deterioration

Karl Inderfurth · G Gerald Lindner · N. P. Rahaniotis

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Supply Chain and Inventory Management Management and Optimization Techniques Scheduling and Optimization Algorithms

Abstract

Producing new or recovering defective products often takes place on a common facility, with these activities carried out in lots. Consequently, there is a necessity to coordinate the production and rework activities with respect to the timing of operations and also with regard to appropriate lot sizes for both processes while completely satisfying a given demand. Thereby, it has to be taken into account whether the state of defective items that await rework worsens in the course of time or not. In this paper we present an EPQ model which addresses all of these aspects. Considering set-up and inventory holding costs, optimization algorithms are developed covering different planning situations. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

1999Inventory management and production planning and scheduling 2001Recent trends in modeling of deteriorating inventory 1986Optimal Lot Sizing, Process Quality Improvement and Setup Cost Reduction 1995Lot Sizing with Random Yields: A Review 1991Survey of Literature on Continuously Deteriorating Inventory Models 1967A deterministic inventory model for reparable items 1975Optimum production lot size model for a system with deteriorating inventory 1996The EOQ repair and waste disposal model with variable setup numbers

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