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Economic Production Quantity (EPQ) deteriorating inventory model with machine breakdown and stochastic repair time

  • Chung Yuan Christian University
  • Petra Christian University

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

4 Citations (Scopus)

Abstract

In recent years, many researchers focus their studies on developing practical Economic Production Quantity (EPQ) models. This paper develops an EPQ deteriorating item model with machine breakdown and stochastic repair time. A numerical example and sensitivity analysis are given to illustrate the theory. The results show that production rate and demand rate are the most sensitive parameters to the optimal production period, and demand rate is the most sensitive parameter to the optimal total cost.

Original languageEnglish
Title of host publicationIEEM 2009 - IEEE International Conference on Industrial Engineering and Engineering Management
Pages548-552
Number of pages5
DOIs
Publication statusPublished - 2009
Externally publishedYes
EventIEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2009 - Hong Kong, China
Duration: 8 Dec 200911 Dec 2009

Publication series

NameIEEM 2009 - IEEE International Conference on Industrial Engineering and Engineering Management

Conference

ConferenceIEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2009
Country/TerritoryChina
CityHong Kong
Period8/12/0911/12/09

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • Breakdown machine
  • Deteriorating item
  • EPQ
  • Stochastic repair time

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