Optimal replenishment and rework with multiple unreliable supply sources

成果类型:
Article
署名作者:
Chen, JF; Yao, DD; Zheng, SH
署名单位:
Columbia University; Hong Kong University of Science & Technology
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.49.3.430.11214
发表日期:
2001
页码:
430-443
关键词:
摘要:
We study a production-inventory system with multiple unreliable supply sources. Through inspection and rework, the system can improve the quality of the units received from the supply sources. There are two interleaved decisions: the replenishment quantities from the sources and the inspection-rework quantities among the units received. We show the optimal solution to the replenishment decision can be efficiently derived from a greedy algorithm, and inspection-rework is optimally applied to a single source identified by the algorithm. Furthermore. in the case of linear cost functions, it is optimal to place orders from two supply sources, i.e., dual sourcing. The results extend to the infinite-horizon case, where an order-up-to policy is optimal. The model also readily adapts to situations in which the supply imperfection takes the form of a reduced delivery quantity (yield loss).