Mathematical modeling for determining the replenishment policy for EMQ model with rework and multiple shipments

Abstract

This paper uses mathematical modeling to determine optimal inventory replenishment policy for the economic manufacturing quantity (EMQ) with rework and multiple shipments. The classic EMQ model considers a continuous inventory issuing policy for satisfying customer’s demands. It also assumes that all products produced are of perfect quality. However, in a… (More)
DOI: 10.1016/j.mcm.2011.05.025

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