Abstract
The success of the Japanese in the employment of just-in-time (JIT) production has received a great deal of attention in the past two decades. The underlying goal of JIT is to eliminate wastes, which can be achieved through various efforts such as shortening lead time and improving quality. The objective of this study is to extend the model of Huang et al. (Eur J Oper Res 202:473–478, 2010) by allowing deterministic variable lead time and quality improvement investment on an integrated inventory model. That is, this article develops an integrated inventory model which jointly determines the optimal order quantity, process quality, lead time, and the frequency of deliveries simultaneously. Furthermore, a solution procedure is suggested for solving the proposed model, and numerical examples are given to illustrate the benefit of coordination between vendor and buyer.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: The International Journal of Advanced Manufacturing Technology
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
