A note on a study of an integrated inventory with controllable lead time

作者：Lin Lun Hao^*; Chen Li Chun; Hsiao Yu Cheng

来源：International Journal of Production Research, 2011, 49(15): 4727-4733.

DOI：10.1080/00207543.2010.501349

• integrated model
• controllable lead time
• lead time crashing costs

Pan and Yang (Pan, C. H. and Yang, J.S., 2002. A study of an integrated inventory with controllable lead time. International Journal of Production Research, 40 (5), 1263-1273.) proposed the paper about integrated inventory with controllable lead time. The vendor produces the item in the quantity of mQ, and the purchaser would receive it in m lots, with which each having a quantity of Q. In practice, the vendor manufactures the product in the quantity of mQ with a finite production rate P at one set-up. Based on the practical fact, a modified model is proposed in this note. The proposed model takes the crashing set-up time into account. Numerical examples are presented to illustrate the procedures and results of the proposed algorithm. The modified model is shown to provide lower total costs and shorter lead time compared with those of Pan and Yang.

• 出版日期2011