Alternative approach for production lot size problem with scrap and cost reduction distribution policy

International Journal of Physical Sciences

Fan-Yun Pai¹ 

关键词: Lot size;    optimization;    scrap;    multiple distribution policy;    algebraic approach;    production planning.;   

DOI  :  10.5897/IJPS10.514

学科分类：物理（综合）

来源: Academic Journals

【 摘 要 】

Conventional approach for solving replenishment lot size problem is by using the differential calculus with the need of applying the first-order and second-order differentiations to the long-run average production-inventory cost. A recent published paper used conventional method to determine optimal lot size for an integrated production-delivery system with scrap and cost lessening distribution policy. This paper uses an alternative algebraic approach to reexamine the aforementioned problem without referring to derivatives. As a result, optimal lot size and a simpler expression for the long-run average cost are derived, and they are identical to what were obtained by using the conventional method.

【 授权许可】

CC BY