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- W2357893383 abstract "The paper studies an inventory decision-making problem for items with a certain percentage of defectives and shortages permitted.By assuming that shortage is completely backordered and considering that defective rate and inspection errors obey a certain distribution,we develop the decision-making model of inventory with the objective of the maximum expected profit.Furthermore,we give the solution process and derive the expression of the optimal solutions,using the simple property of quadratic function and the arithmetic geometric mean inequality.Finally,numerical example is presented and the effects of parameters on the optimal solutions are analyzed." @default.
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- W2357893383 date "2010-01-01" @default.
- W2357893383 modified "2023-09-24" @default.
- W2357893383 title "EOQ Model for Imperfect Items with Shortage Permitted and Inspection Errors" @default.
- W2357893383 hasPublicationYear "2010" @default.
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