This paper presents a model which treats the manufacturing cycle time as a function of the lot size in a multi-stage production system. Using this functional relationship to determine the magnitude of ...

A similar way of determining an item's criticalness in a supermarket's inventory is its economic production quantity. This measure uses the economic order quantity rate but also takes into account ...

In this paper, we investigate the effect of various preventive maintenance policies on the joint optimisation of the economic production quantity (EPQ) and the economic design of control chart. This ...