| A class of inventory models that has received extensive attention by researchers in the past few decades considers inventory systems with imperfect quality of replenishment items. However, not enough evidence is found in the literature, regarding the efforts aimed at the study of perishable inventory paradigms with imperfect quality of purchased or manufactured items. Paknejad, Nasri, and Affisco (2012) began to study the relationship between quality and lot size in perishable inventory models. Specifically, the authors utilized the basic framework of an EOQ model with infinite input rate and nonlinear holding cost which has appeared in the literature and adjusted it for the quality factor.
This paper extends the previous EOQ models to the case of a perishable EMQ model with finite input rate, nonlinear holding cost, imperfect quality of replenishment items, and no backlogging. . |
Updated 03/19/2014