Note on cost minimization for a multi-product fabrication- distribution problem with commonality, postponement and quality assurance

Main Article Content

Peter Chiu Yuan Shyi
Lin Dar Hong
Wu Hua Yao

Abstract

A multiproduct fabrication-shipment problem with postponement and quality reassurance was explored (Chiu et al., 2016) to minimize overall relevant system costs, in which the differential calculus was utilized in the optimization procedure to help decide the optimal fabrication-distribution policy. This research note presents a two-phase algebraic approach, in lieu of their derivatives, to find the optimal policy to the problem. Such a simplified method aims at helping managers or practitioners in the field to understand and solve the problem more effectively, and without derivatives.

 

PLUM ANALYTICS

Article Details

How to Cite
Shyi, P. C., Hong, L., & Yao, W. (2020). Note on cost minimization for a multi-product fabrication- distribution problem with commonality, postponement and quality assurance. Journal of Applied Research and Technology, 18(1). https://doi.org/10.22201/icat.24486736e.2020.18.1.929
Author Biographies

Peter Chiu Yuan Shyi

Department of Industrial Engineering and Management, Chaoyang University of Technology,
Taichung 413, Taiwan

Lin Dar Hong

Department of Industrial Engineering and Management, Chaoyang University of Technology,
Taichung 413, Taiwan

Wu Hua Yao

Physics Department, College of Liberal Arts and Sciences, State University of New York at Oswego,
NY 13126, USA