An Integrated Production System for a Single Installment Policy of Raw MaterialThis paper considers a manufacturing system which procures raw materials from suppliers and processes them to make a finished product. The problem is to determine an optimal pr

Authors

  • Mohd Omar
  • Siti Suzlin Supadi

Abstract

This paper considers a manufacturing system which procures raw materials from suppliers and processes them to make a finished product. The problem is to determine an optimal production size with a single installment of raw materials to satisfy a deterministic time-varying demand process by minimizing the total relevant cost. We developed a mathematical model for the problem and then compared the result with a lot-for-lot model with single installment and lot-for-lot model with multiple installments. From the optimality condition, we derived an optimal solution procedure for the proposed model. We present numerical examples for a discussion and comparison. Affiliation:

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Published

24-04-2008

Issue

Vol. 27 No. 1 (2008)

Section

Original Articles

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How to Cite

An Integrated Production System for a Single Installment Policy of Raw MaterialThis paper considers a manufacturing system which procures raw materials from suppliers and processes them to make a finished product. The problem is to determine an optimal pr. (2008). Malaysian Journal of Science (MJS), 27(1), 143-151. https://jpmm.um.edu.my/index.php/MJS/article/view/7943

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