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Smart Production System with Random Imperfect Process, Partial Backordering, and Deterioration in an Inflationary Environment

Author

Listed:
  • Dharmendra Yadav

    (Department of Mathematics, Vardhaman College, Bijnor 246701, UP, India)

  • Umesh Chand

    (Department of Mathematics, Maharaj Singh College, Saharanpur 247001, UP, India)

  • Ruchi Goel

    (Department of Mathematics, DN College, Meerut 250002, UP, India)

  • Biswajit Sarkar

    (Department of Industrial Engineering, Yonsei University, 50 Yonsei-ro, Sinchon-dong, Seodaemun-gu, Seoul 03722, Republic of Korea
    Center for Transdisciplinary Research (CFTR), Saveetha Dental College, Saveetha Institute of Medical and Technical Sciences, Saveetha University, 162, Poonamallee High Road, Velappanchavadi, Chennai 600077, TN, India)

Abstract

In today’s digital age, industrial methods are shifting away from humans and toward machines. We choose automated systems for various jobs related to production systems, such as screening, manufacturing. A smart manufacturing system is one in which machines take the place of humans. Under the influence of inflation, this study proposes a smart production-inventory model with partial backlogging, and an imperfect manufacturing process where the deterioration rate is constant. Every production system, in reality, has a random defect rate. A screening procedure is required due to the manufacture of some defective items, which is carried out by machine, i.e., by an automated system. Carbon is released during the manufacturing process due to actions such as holding deterioration. As a result, carbon emissions are taken into account in the current study. The goal of this study is to reduce total inventory costs as much as possible. To demonstrate the proposed model’s practical application, many numerical examples and sensitivity assessments with graphs are provided.

Suggested Citation

  • Dharmendra Yadav & Umesh Chand & Ruchi Goel & Biswajit Sarkar, 2023. "Smart Production System with Random Imperfect Process, Partial Backordering, and Deterioration in an Inflationary Environment," Mathematics, MDPI, vol. 11(2), pages 1-20, January.
    • Handle: RePEc:gam:jmathe:v:11:y:2023:i:2:p:440-:d:1035480
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    References listed on IDEAS

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    3. Taleizadeh, Ata Allah & Moshtagh, Mohammad Sadegh & Vahedi-Nouri, Behdin & Sarkar, Biswajit, 2023. "New products or remanufactured products: Which is consumer-friendly under a closed-loop multi-level supply chain?," Journal of Retailing and Consumer Services, Elsevier, vol. 73(C).

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