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Investing in Reduced Setups in the EOQ Model

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Cited by:

  1. Pilar I. Vidal-Carreras & Jose P. Garcia-Sabater & Julio J. Garcia-Sabater, 2017. "A practical model for managing inventories with unknown costs and a budget constraint," International Journal of Production Research, Taylor & Francis Journals, vol. 55(1), pages 118-129, January.
  2. Suárez, Freddy F. & Cusumano, Michael A., 1954- & Fine, Charles H., 1991. "Flexibility and performance : a literature critique and strategic framework," Working papers 3298-91., Massachusetts Institute of Technology (MIT), Sloan School of Management.
  3. Ray, Saibal & Gerchak, Yigal & Jewkes, Elizabeth M., 2005. "Joint pricing and inventory policies for make-to-stock products with deterministic price-sensitive demand," International Journal of Production Economics, Elsevier, vol. 97(2), pages 143-158, August.
  4. Beatrice Marchi & Simone Zanoni & Ivan Ferretti, 2019. "Energy Efficiency Investments in Industry with Uncertain Demand Rate: Effects on the Specific Energy Consumption," Energies, MDPI, vol. 13(1), pages 1-14, December.
  5. Hofmann, Christian, 1998. "Investments in modern production technology and the cash flow-oriented EPQ-model," International Journal of Production Economics, Elsevier, vol. 54(2), pages 193-206, January.
  6. Ananth V. Iyer & Leroy B. Schwarz & Stefanos A. Zenios, 2005. "A Principal-Agent Model for Product Specification and Production," Management Science, INFORMS, vol. 51(1), pages 106-119, January.
  7. Zhang, Tinglong & Liang, Liang & Yu, Yugang & Yu, Yan, 2007. "An integrated vendor-managed inventory model for a two-echelon system with order cost reduction," International Journal of Production Economics, Elsevier, vol. 109(1-2), pages 241-253, September.
  8. Liu, Xingchu & Cetinkaya, Sila, 2007. "A note on "quality improvement and setup reduction in the joint economic lot size model"," European Journal of Operational Research, Elsevier, vol. 182(1), pages 194-204, October.
  9. Arbabian, Mohammad E., 2022. "Supply Chain Coordination via Additive Manufacturing," International Journal of Production Economics, Elsevier, vol. 243(C).
  10. Huang, Chao-Kuei & Tsai, Deng-Maw & Wu, Ji-Cheng & Chung, Kun-Jen, 2010. "An integrated vendor-buyer inventory model with order-processing cost reduction and permissible delay in payments," European Journal of Operational Research, Elsevier, vol. 202(2), pages 473-478, April.
  11. Hayya, Jack C. & Harrison, Terry P. & He, X. James, 2011. "The impact of stochastic lead time reduction on inventory cost under order crossover," European Journal of Operational Research, Elsevier, vol. 211(2), pages 274-281, June.
  12. M. Ganesh Kumar & R. Uthayakumar, 2017. "An integrated single vendor–buyer inventory model for imperfect production process with stochastic demand in controllable lead time," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 8(2), pages 1041-1054, November.
  13. Bintong Chen & Charles L. Munson, 2004. "Resource allocation with lumpy demand: To speed or not to speed?," Naval Research Logistics (NRL), John Wiley & Sons, vol. 51(3), pages 363-385, April.
  14. Darwish, M.A., 2008. "EPQ models with varying setup cost," International Journal of Production Economics, Elsevier, vol. 113(1), pages 297-306, May.
  15. Sarker, Bhaba R. & Coates, Eyler Robert, 1997. "Manufacturing setup cost reduction under variable lead times and finite opportunities for investment," International Journal of Production Economics, Elsevier, vol. 49(3), pages 237-247, May.
  16. Bajwa, Naeem & Sox, Charles R. & Ishfaq, Rafay, 2016. "Coordinating pricing and production decisions for multiple products," Omega, Elsevier, vol. 64(C), pages 86-101.
  17. Freimer, Michael & Thomas, Douglas & Tyworth, John, 2006. "The value of setup cost reduction and process improvement for the economic production quantity model with defects," European Journal of Operational Research, Elsevier, vol. 173(1), pages 241-251, August.
  18. Sarker, Bhaba R. & Jamal, A.M.M. & Mondal, Sanjay, 2008. "Optimal batch sizing in a multi-stage production system with rework consideration," European Journal of Operational Research, Elsevier, vol. 184(3), pages 915-929, February.
  19. Kim, DaeSoo & Lee, Won J., 1998. "Optimal joint pricing and lot sizing with fixed and variable capacity," European Journal of Operational Research, Elsevier, vol. 109(1), pages 212-227, August.
  20. Jaber, Mohamad Y. & Bonney, Maurice, 1999. "The economic manufacture/order quantity (EMQ/EOQ) and the learning curve: Past, present, and future," International Journal of Production Economics, Elsevier, vol. 59(1-3), pages 93-102, March.
  21. Guillermo Gallego & Ilkyeong Moon, 1995. "Strategic investment to reduce setup times in the economic lot scheduling problem," Naval Research Logistics (NRL), John Wiley & Sons, vol. 42(5), pages 773-790, August.
  22. S. Priyan & R. Uthayakumar, 2017. "Setup cost reduction EMQ inventory system with probabilistic defective and rework in multiple shipments management," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 8(2), pages 223-241, June.
  23. K. F. Mary Latha & M. Ganesh Kumar & R. Uthayakumar, 2021. "Two echelon economic lot sizing problems with geometric shipment policy backorder price discount and optimal investment to reduce ordering cost," OPSEARCH, Springer;Operational Research Society of India, vol. 58(4), pages 1133-1163, December.
  24. Christopher S. Tang & S. Alex Yang & Jing Wu, 2018. "Sourcing from Suppliers with Financial Constraints and Performance Risk," Manufacturing & Service Operations Management, INFORMS, vol. 20(1), pages 70-84, February.
  25. Diaby, Moustapha & Cruz, Jose M. & Nsakanda, Aaron L., 2013. "Shortening cycle times in multi-product, capacitated production environments through quality level improvements and setup reduction," European Journal of Operational Research, Elsevier, vol. 228(3), pages 526-535.
  26. Vörös, József, 2003. "A minőség figyelembevételének szükségessége az egyensúlyi állapot meghatározásában [The need to consider quality when determining a state of equilibrium]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 6-21.
  27. M. Vijayashree & R. Uthayakumar, 2016. "Two-echelon supply chain inventory model with controllable lead time," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 7(1), pages 112-125, December.
  28. Dey, Oshmita & Chakraborty, Debjani, 2011. "A fuzzy random continuous review inventory system," International Journal of Production Economics, Elsevier, vol. 132(1), pages 101-106, July.
  29. S. Sarkar & B. C. Giri, 2020. "A vendor–buyer integrated inventory system with variable lead time and uncertain market demand," Operational Research, Springer, vol. 20(1), pages 491-515, March.
  30. Huang, Chao-Kuei & Tsai, Deng-Maw & Wu, Ji-Cheng & Chung, Kun-Jen, 2010. "An optimal integrated vendor-buyer inventory policy under conditions of order-processing time reduction and permissible delay in payments," International Journal of Production Economics, Elsevier, vol. 128(1), pages 445-451, November.
  31. Emre Berk & Onurcan Ayas & M. Ali Ülkü, 2023. "Optimizing Process-Improvement Efforts for Supply Chain Operations under Disruptions: New Structural Results," Sustainability, MDPI, vol. 15(17), pages 1-23, August.
  32. Matsuyama, Keisuke, 1995. "Inventory policy with time-dependent setup cost," International Journal of Production Economics, Elsevier, vol. 42(2), pages 149-160, December.
  33. Giri, B. C. & Moon, I., 2004. "Note on an economic lot scheduling problem under budgetary and capacity constraints," International Journal of Production Economics, Elsevier, vol. 91(3), pages 229-234, October.
  34. Fine, Charles H., 1989. "Developments in manufacturing technology and economic evaluation models," Working papers 3012-89., Massachusetts Institute of Technology (MIT), Sloan School of Management.
  35. Diaby, Moustapha, 1995. "Optimal setup time reduction for a single product with dynamic demands," European Journal of Operational Research, Elsevier, vol. 85(3), pages 532-540, September.
  36. Kim, Chang Hyun & Hong, Yushin, 1997. "An extended EMQ model for a failure prone machine with general lifetime distribution," International Journal of Production Economics, Elsevier, vol. 49(3), pages 215-223, May.
  37. Liu, Zhi & Zheng, Xiao-Xue & Li, Deng-Feng & Liao, Chen-Nan & Sheu, Jiuh-Biing, 2021. "A novel cooperative game-based method to coordinate a sustainable supply chain under psychological uncertainty in fairness concerns," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 147(C).
  38. Arbabian, Mohammad E. & Wagner, Michael R., 2020. "The impact of 3D printing on manufacturer–retailer supply chains," European Journal of Operational Research, Elsevier, vol. 285(2), pages 538-552.
  39. Gupta, Diwakar & Gerchak, Yigal, 1995. "Joint product durability and lot sizing models," European Journal of Operational Research, Elsevier, vol. 84(2), pages 371-384, July.
  40. Bernstein, Fernando & Gürhan Kök, A. & Meca, Ana, 2015. "Cooperation in assembly systems: The role of knowledge sharing networks," European Journal of Operational Research, Elsevier, vol. 240(1), pages 160-171.
  41. Mutlu, Fatih & Çetinkaya, SIla, 2011. "Coordination in retailer-carrier channels for long term planning," International Journal of Production Economics, Elsevier, vol. 133(1), pages 360-369, September.
  42. Jaber, Mohamad Y. & Bonney, Maurice, 2003. "Lot sizing with learning and forgetting in set-ups and in product quality," International Journal of Production Economics, Elsevier, vol. 83(1), pages 95-111, January.
  43. S. Hemapriya & R. Uthayakumar, 2017. "An inventory model with uncertain demand and lost sales reduction under service level constraint," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 8(2), pages 1399-1418, November.
  44. Li, Xiang, 2020. "Reducing channel costs by investing in smart supply chain technologies," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 137(C).
  45. Nye, T. J. & Jewkes, E. M. & Dilts, D. M., 2001. "Optimal investment in setup reduction in manufacturing systems with WIP inventories," European Journal of Operational Research, Elsevier, vol. 135(1), pages 128-141, November.
  46. Transchel, Sandra & Minner, Stefan, 2009. "The impact of dynamic pricing on the economic order decision," European Journal of Operational Research, Elsevier, vol. 198(3), pages 773-789, November.
  47. Diaby, Moustapha, 2000. "Integrated batch size and setup reduction decisions in multi-product, dynamic manufacturing environments," International Journal of Production Economics, Elsevier, vol. 67(3), pages 219-233, October.
  48. Peter McKenzie & Shekhar Jayanthi, 2007. "Ball Aerospace Explores Operational and Financial Trade-Offs in Batch Sizing in Implementing JIT," Interfaces, INFORMS, vol. 37(2), pages 108-119, April.
  49. Denizel, Meltem & Erenguc, Selcuk & Benson, Harold P., 1997. "Dynamic lot-sizing with setup cost reduction," European Journal of Operational Research, Elsevier, vol. 100(3), pages 537-549, August.
  50. Jeong‐Wook Choi, 1994. "Investment in the reduction of uncertainties in just‐in‐time purchasing systems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 41(2), pages 257-272, March.
  51. Betts, John M. & Johnston, Robert B., 2005. "Just-in-time component replenishment decisions for assemble-to-order manufacturing under capital constraint and stochastic demand," International Journal of Production Economics, Elsevier, vol. 95(1), pages 51-70, January.
  52. Carlos Ocana & Eitan Zemel, 1990. "Learning from Mistakes: A Note on Just-in-Time Systems," Discussion Papers 874, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  53. Haider Ali & Reshma Nasreen & Neetu Arneja & Chandra K. Jaggi, 2023. "Optimization of a periodically assessing model with manageable lead time under SLC with back order rebate for deteriorating items," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 14(1), pages 241-266, February.
  54. Leung, Kit-Nam Francis, 2007. "A generalized geometric-programming solution to "An economic production quantity model with flexibility and reliability considerations"," European Journal of Operational Research, Elsevier, vol. 176(1), pages 240-251, January.
  55. Ayd{i}n Alptekinou{g}lu & Charles J. Corbett, 2008. "Mass Customization vs. Mass Production: Variety and Price Competition," Manufacturing & Service Operations Management, INFORMS, vol. 10(2), pages 204-217, August.
  56. Lee, Jun-Yeon & Schwarz, Leroy B., 2007. "Leadtime reduction in a (Q,r) inventory system: An agency perspective," International Journal of Production Economics, Elsevier, vol. 105(1), pages 204-212, January.
  57. Mitali Sarkar & Li Pan & Bikash Koli Dey & Biswajit Sarkar, 2020. "Does the Autonomation Policy Really Help in a Smart Production System for Controlling Defective Production?," Mathematics, MDPI, vol. 8(7), pages 1-21, July.
  58. Li, Jie & Jo Min, K. & Otake, Toshitsugu & Van Voorhis, Timothy, 2008. "Inventory and investment in setup and quality operations under Return On Investment maximization," European Journal of Operational Research, Elsevier, vol. 185(2), pages 593-605, March.
  59. Lucio Enrico Zavanella & Beatrice Marchi & Simone Zanoni & Ivan Ferretti, 2019. "Energy considerations for the economic production quantity and the joint economic lot sizing," Journal of Business Economics, Springer, vol. 89(7), pages 845-865, September.
  60. Kun-Shan Wu & I-Chuan Lin, 2004. "Extend (r, Q) Inventory Model Under Lead Time and Ordering Cost Reductions When the Receiving Quantity is Different from the Ordered Quantity," Quality & Quantity: International Journal of Methodology, Springer, vol. 38(6), pages 771-786, December.
  61. Kuik, Roelof & Tielemans, Peter F. J., 1998. "Analysis of expected queueing delays for decision making in production planning," European Journal of Operational Research, Elsevier, vol. 110(3), pages 658-681, November.
  62. Hong, Jae-Dong & Kim, Seung-Lae & Hayya, Jack C., 1996. "Dynamic setup reduction in production lot sizing with nonconstant deterministic demand," European Journal of Operational Research, Elsevier, vol. 90(1), pages 182-196, April.
  63. Voros, Jozsef, 2002. "Product balancing under conditions of quality inflation, cost pressures and growth strategies," European Journal of Operational Research, Elsevier, vol. 141(1), pages 153-166, August.
  64. Chandrashekar, Ashok & Callarman, Thomas E., 1998. "A modelling study of the effects of continuous incremental improvement in the case of a process shop," European Journal of Operational Research, Elsevier, vol. 109(1), pages 111-121, August.
  65. Nughthoh Arfawi Kurdhi & Joko Prasetyo & Sri Sulistijowati Handajani, 2016. "An inventory model involving back-order price discount when the amount received is uncertain," International Journal of Systems Science, Taylor & Francis Journals, vol. 47(3), pages 662-671, February.
  66. Gong, Qiguo & Chen, Guohui & Zhang, Wen & Wang, Hui, 2022. "The role of humans in flexible smart factories," International Journal of Production Economics, Elsevier, vol. 254(C).
  67. Ray, Saibal, 2005. "An integrated operations-marketing model for innovative products and services," International Journal of Production Economics, Elsevier, vol. 95(3), pages 327-345, March.
  68. L-C Lin & K-L Hou, 2005. "An inventory system with investment to reduce yield variability and set-up cost," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(1), pages 67-74, January.
  69. Voros, Jozsef, 1999. "Lot sizing with quality improvement and setup time reduction," European Journal of Operational Research, Elsevier, vol. 113(3), pages 568-574, March.
  70. Suresh Chand & Sunantha Teyarachakul Prime & Suresh Sethi, 2018. "Production planning with multiple production lines: Forward algorithm and insights on process design for volume flexibility," Naval Research Logistics (NRL), John Wiley & Sons, vol. 65(6-7), pages 535-549, September.
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  73. Chang, Hung-Chi & Ouyang, Liang-Yuh & Wu, Kun-Shan & Ho, Chia-Huei, 2006. "Integrated vendor-buyer cooperative inventory models with controllable lead time and ordering cost reduction," European Journal of Operational Research, Elsevier, vol. 170(2), pages 481-495, April.
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  76. Kirk R. Karwan & Joseph B. Mazzola & Richard C. Morey, 1988. "Production lot sizing under setup and worker learning," Naval Research Logistics (NRL), John Wiley & Sons, vol. 35(2), pages 159-175, April.
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  78. Voros, Jozsef, 2002. "On the relaxation of multi-level dynamic lot-sizing models," International Journal of Production Economics, Elsevier, vol. 77(1), pages 53-61, May.
  79. Glock, Christoph H., 2012. "Lead time reduction strategies in a single-vendor–single-buyer integrated inventory model with lot size-dependent lead times and stochastic demand," International Journal of Production Economics, Elsevier, vol. 136(1), pages 37-44.
  80. Woo, York Y. & Hsu, Shu-Lu & Wu, Soushan, 2001. "An integrated inventory model for a single vendor and multiple buyers with ordering cost reduction," International Journal of Production Economics, Elsevier, vol. 73(3), pages 203-215, October.
  81. Tiwari, Sunil & Kazemi, Nima & Modak, Nikunja Mohan & Cárdenas-Barrón, Leopoldo Eduardo & Sarkar, Sumon, 2020. "The effect of human errors on an integrated stochastic supply chain model with setup cost reduction and backorder price discount," International Journal of Production Economics, Elsevier, vol. 226(C).
  82. Williams, William W. & Tang, Kwei & Gong, Linguo, 2000. "Process improvement for a container-filling process with random shifts," International Journal of Production Economics, Elsevier, vol. 66(1), pages 23-31, June.
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