IDEAS home Printed from https://ideas.repec.org/a/wsi/apjorx/v23y2006i03ns021759590600098x.html
   My bibliography  Save this article

The Single-Vendor Single-Buyer Integrated Inventory Problem With Quality Improvement And Lead Time Reduction — Minimax Distribution-Free Approach

Author

Listed:
  • LIANG-YUH OUYANG

    (Department of Management Sciences and Decision Making, Tamkang University, Tamsui, Taipei 251, Taiwan, ROC)

  • KUN-SHAN WU

    (Department of Business Administration, Tamkang University, Tamsui, Taipei 251, Taiwan, ROC)

  • CHIA-HUEI HO

    (Graduate Institute of Management Sciences, Tamkang University, Tamsui, Taipei 251, Taiwan, ROC)

Abstract

In past two decades, the Japanese successful experience in using Just-In-Time (JIT) production has received a great deal of attention. The underlying goal of JIT is to eliminate waste. This can be achieved through various efforts, such as shortening lead time and improving quality. In this paper, we investigate the impact of investing in quality improvement and lead time reduction on the integrated vendor-buyer inventory model with partial backorders. We assume that the lead time demand probability distribution is unknown, while the mean and standard deviation are known and finite. The minimax distribution-free procedure is applied to solve this problem. Also, numerical examples are given to illustrate the results.

Suggested Citation

  • Liang-Yuh Ouyang & Kun-Shan Wu & Chia-Huei Ho, 2006. "The Single-Vendor Single-Buyer Integrated Inventory Problem With Quality Improvement And Lead Time Reduction — Minimax Distribution-Free Approach," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 23(03), pages 407-424.
    • Handle: RePEc:wsi:apjorx:v:23:y:2006:i:03:n:s021759590600098x
    DOI: 10.1142/S021759590600098X
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S021759590600098X
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S021759590600098X?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anuraag Gutgutia & J. K. Jha, 2018. "A closed-form solution for the distribution free continuous review integrated inventory model," Operational Research, Springer, vol. 18(1), pages 159-186, April.
    2. 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.
    3. Liang-Yuh Ouyang & Cheng-Ju Chuang & Chia-Huei Ho & Chien-Wei Wu, 2014. "An integrated inventory model with quality improvement and two-part credit policy," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 22(3), pages 1042-1061, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:apjorx:v:23:y:2006:i:03:n:s021759590600098x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/apjor/apjor.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.