Research Article | OPEN ACCESS
Solving a Multi-Item Finite Production Rate Model with Scrap and Multi-Shipment Policy without Derivatives
1Yuan-Shyi Peter Chiu, 1Hong-Dar Lin, 2Singa Wang Chiu and 3Kuang-Ku Chen
1Department of Industrial Engineering and Management
2Department of Business Administration, Chaoyang University of
Technology, Taichung 413, Taiwan
3Department of Accounting, National Changhua University of Education, Changhua 500, Taiwan
Research Journal of Applied Sciences, Engineering and Technology 2013 6:2036-2041
Received: July 27, 2012 | Accepted: September 08, 2012 | Published: February 21, 2013
Abstract
In real life manufacturing environments, production managers often make plan to produce m products in turn on a single machine in order to maximize the machine utilization. This study focuses on determining an optimal common production cycle time for a multi-item Finite Production Rate (FPR) model with random scrap rate and multi-shipment plan without using the derivatives. We assume that m products are manufactured in turn based on a common cycle policy on a single machine and during the processes some nonconforming items are generated randomly. These defective items cannot be reworked, thus they are scrapped at additional costs in the end of each production cycle. After the entire lot is quality assured, the delivery of finished items is under a practical multiple shipments plan. The objective is to determine an optimal common cycle time that minimizes the long-run average cost per unit time using an algebraic approach. Conventional method for solving such a problem is by the use of differential calculus on system cost function to derive the optimal policy, whereas the proposed approach is a straightforward method. It helps practitioners, who may not have sufficient knowledge of calculus, to understand and manage the real-life multi-item production systems more effectively.
Keywords:
Algebraic approach, common cycle time, finite production rate, inventory, multi-item production, shipment, scrap,
Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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