A Study on the Design of Economic Production Quantity Model with Partial Backorders

부분부재고를 갖는 경제적 생산량모형의 설계에 관한 연구

This paper des with an economic production quantity model with partial backorders for the situation in which production lead time is deterministic and demand during lead time follows a continuous distribution. In the model, an objective function is formulated In minimize an average annual inventory cost. And then the procedure of iterative solution method for the model is developed to find both production reorder point and production quantity. Finally, sensitivity analysis for various partial backorder ratios and standard deviations of demand during production lead time are presented.