The necessity of optimum safety stock is really essential for any smart production system. For
this reason, the effect of autonomation policy makes a big difference with the basic …

The paper deals with an economic manufacturing quantity (EMQ) model for time-dependent
(quadratic) demand pattern. Every manufacturing sector wants to produce perfect quality …

Non-deterministic lot-sizing models are considered which serve for an explicit determination
of lot sizes in an uncertain environment. Taxonomy components for such models are …

This paper is concerned with the joint determination of optimal production lot size, safety
stock and reliability parameter under the realistic assumptions that the production facility is …

The paper presents a generalized economic manufacturing quantity model for an unreliable
production system in which the production facility may shift from an 'in-control'state to an 'out …

The paper develops integrated production, inventory and maintenance models for a
deteriorating production system in which the production facility may not only shift from an 'in …

The advertising of any smart product is crucial in generating customer demand, along with
reducing sale prices. Naturally, a decrease in price always increases the demand for any …

In this study, a two-stage deteriorating production system is considered. The initiation time of
the deterioration follows an exponential distribution. A homogeneous Gamma process is …

Considering the characteristics of the stochastic shift of the machine state and the
uncertainty of the product quality of production, in this paper, we develop an optimisation …

Any smart product needs to be advertised to generate more consumer demand and lower
sale prices. Naturally, any smart product's demand rises when its price falls. This research …