Note on “Multiproduct Single-Machine Production System with Stochastic Scrapped Production Rate, Partial Backordering and Service Level Constraint”

International Journal of Applied and Computational Mathematics(2019)

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摘要
An economic production quantity (EPQ) inventory model for a multiproduct single-machine production system with stochastic scrapped production rate, partial backordering and service level constraint is proposed. This research work revisits this EPQ inventory model and identifies some technical inconsistencies in it. Additionally, some observations and corrections to the shortcomings are provided as well as the solution procedure is improved.
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关键词
EPQ model, Nonlinear programming, Convex programming problem, Optimization, Single machine
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