The effect of service constraint on EPQ model with random defective rate (Q610076)
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English | The effect of service constraint on EPQ model with random defective rate |
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The effect of service constraint on EPQ model with random defective rate (English)
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1 December 2010
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Summary: Chiu studied the effect of service-level constraint on the economic production quantity (EPQ) model with random defective rate. In this note, we will offer a simple algebraic approach to replace his differential calculus skill to find the optimal solution under the expected annual cost minimization.
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