Solving an economic production lot size problem with multi-delivery policy and quality assurance using an algebraic approach

Abstract

This paper studies an economic production lot size problem with multi-delivery policy and quality assurance using an algebraic approach for practitioner, who may not have enough knowledge of differential calculus, to understand such an integrated production-shipment system. A recent study¹⁹ examined same problem using mathematical modeling and differential calculus to derive optimal replenishment lot size.