• QUALITY CONTROL FOR PROBABILISTIC SINGLE-ITEM EOQ MODEL WITH ZERO LEAD TIME UNDER TWO RESTRICTIONS: A GEOMETRIC PROGRAMMING APPROACH
Abstract
ABSTRACT
In this paper, we provided a simple method to determine statistical quality control for probabilistic EOQ model, that has varying order cost and zero lead time. The model was restricted to the expected holding cost and the expected available limited storage space. The problem was then solved using a modified geometric programming method.
In this paper, we provided a simple method to determine statistical quality control for probabilistic EOQ model, that has varying order cost and zero lead time. The model was restricted to the expected holding cost and the expected available limited storage space. The problem was then solved using a modified geometric programming method.
Keywords
Keywords: Quality control, inventory, order cost, holding cost, storage area, lead time.
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