Optimum profit model considering production, quality and sale problem

DOI10.1080/00207721.2010.543479zbMATH Open1259.91073OpenAlexW2134096855MaRDI QIDQ4909031FDOQ4909031

Authors: Chungho Chen, Chih-Lun Lu 

Publication date: 12 March 2013

Published in: International Journal of Systems Science. Principles and Applications of Systems and Integration (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/00207721.2010.543479

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zbMATH Keywords

process meanorder quantitytwo-stage screening procedureproduct priceTaguchi's symmetric quadratic quality loss function

Mathematics Subject Classification ID

Economic models of real-world systems (e.g., electricity markets, etc.) (91B74) Applications of optimal control and differential games (49N90) Optimal stochastic control (93E20)

Cites Work

• A one-vendor multi-buyer integrated inventory model
• Optimal procurement strategies for online spot markets.
• Supply chain operations in the presence of a spot market: a review with discussion
• Economic selection of process mean for single-vendor single-buyer supply chain
• Economic manufacturing quantity, optimum process mean, and economic specification limits setting under the rectifying inspection plan
• The single-vendor single-buyer integrated production-inventory model with a generalised policy
• On improving the single-vendor single-buyer integrated production inventory model with a generalized policy
• Process mean and screening limits for filling processes under two-stage screening procedure
• Determining the optimum process mean based on quadratic quality loss function and rectifying inspection plan
• The optimal consignment policy for the manufacturer under supply chain co-ordination

Cited In (3)

• A note on determining an optimal target by considering the dependence of holding costs and the quality characteristics
• Revisiting revenue management for remanufactured products
• Optimal control of a quality supervision profit model for the electronic intermediary

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