Optimal replenishment policy for inventory systems with an unreliable supplier

Research output: Chapter in book / Conference proceedingConference article published in proceeding or bookAcademic researchpeer-review

Abstract

In this paper, a mathematical model is developed for an inventory system, which orders replenishment from two external suppliers. One supplier is reliable which only delivers perfect quality items; the other supplier is unreliable which supplies some imperfect quality items. The inventory is capable of inspecting imperfect quality items. The average profit per unit time is formulated and a numerical method for obtaining the optimal replenishment policy is presented.

Original languageEnglish
Title of host publication2017 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2017
PublisherIEEE Computer Society
Pages1392-1395
Number of pages4
ISBN (Electronic)9781538609484
DOIs
Publication statusPublished - 12 Feb 2018
Event2017 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2017 - Singapore, Singapore
Duration: 10 Dec 201713 Dec 2017

Publication series

NameIEEE International Conference on Industrial Engineering and Engineering Management
Volume2017-December
ISSN (Print)2157-3611
ISSN (Electronic)2157-362X

Conference

Conference2017 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2017
Country/TerritorySingapore
CitySingapore
Period10/12/1713/12/17

Keywords

  • imperfect quality items
  • Inventory system

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)
  • Industrial and Manufacturing Engineering
  • Safety, Risk, Reliability and Quality

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