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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/20130

    Title: An integrated vendor–buyer inventory model with quality improvement and lead time reduction
    Authors: Ouyang, Liang-yuh;吳坤山;Wu, Kun-shan;Ho, Chia-huei
    Contributors: 淡江大學企業管理學系
    Keywords: Integrated inventory model;Quality improvement;Lead time reduction;Partial backorders
    Date: 2007-07-01
    Issue Date: 2009-11-30 12:34:37 (UTC+8)
    Publisher: Elsevier
    Abstract: The success of the Japanese in the employment of just-in-time (JIT) production has received a great deal of attention in the past two decades. The underlying goal of JIT is to eliminate wastes, which can be achieved through various efforts such as shortening lead time and improving quality. Recently, Yang and Pan [2004. Just-in-time purchasing: an integrated inventory model involving deterministic variable lead time and quality improvement investment. International Journal of Production Research 42(5), 853–863] have studied the effects of lead time reduction and quality improvement investment on an integrated inventory model. The objective of this study is to extend Yang and Pan's (2004) model by allowing for shortages and using the reorder point as a decision variable. That is, this article develops an integrated inventory model which jointly determines the optimal order quantity, reorder point, process quality, lead time and the frequency of deliveries simultaneously. Analytical results that characterize the exact, optimal policy for the problem described above are devised to develop efficient and optimal computational procedures. Furthermore, a numerical example is given to illustrate the results.
    Relation: International Journal of Production Economics 108(1-2), pp.349-358
    DOI: 10.1016/j.ijpe.2006.12.019
    Appears in Collections:[Graduate Institute & Department of Business Administration] Journal Article
    [Department of Management Sciences] Journal Article

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