An optimal production run time with imperfect production processes and allowable shortages

  • Authors:
  • Kun-Jen Chung;Kuo-Lung Hou

  • Affiliations:
  • Departrnent of Industrial Management, National Taiwan University of Science and Technology, 43 Keelung Road, Section 4, Taipei 106, Taiwan, ROC;Department of Statistics, National Defense Management College, Chungho, Taipei, Taiwan, ROC

  • Venue:
  • Computers and Operations Research
  • Year:
  • 2003

Quantified Score

Hi-index 0.01

Visualization

Abstract

This paper develops a model to determine an optimal run time for a deteriorating production system under allowable shortage. It is assumed that the elapsed time until the production process shift is arbitrarily distributed. We show that there exists a unique optimal production run time to minimize the total relevant cost function. Finally, bounds for the optimal production run time are provided to develop the solution procedure.