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1 2004

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Economic production quantity model with continuous quality inspection

Tsou J.-C., Chen J.-M.

Foundations of Computing and Decision Sciences

2004

Vol. 29, No. 4

373-383

In this paper, we consider a continuous product quality inspection process in a production line. Three heuristic solutions have been proposed for this problem, and the lot size and total annual cost for each solution have been evaluated. These three solutions are: 1) the maximum inventory method, 2) the safety setup time method, and 3) the economic production quantity method. From our research, the maximum inventory method provides the largest lot size and the safety setup time method gives the smallest. The economic production quantity method can provide the lowest total annual cost. The total annual cost of the safety setup time method and the maximum inventory method depend on other parameters in the production system.