A physical distribution network can best be analysed and studied as a set of distribution nodes connected chiefly by two kinds of flows: a transportation flow and an informational flow. Co‐ordinating the activities of these two major components is a pre‐requisite for the successful operation...

A study of the effect of the dynamic process quality control on the economics of production and the Total System Cost (TSC) is dealt with. A mathematical model is presented for estimating the Economic Investment in Quality (EIQ) and the Economic Production Quantity (EPQ) in a multi‐stage...

In any organization, the information relevant to the problem area is essential in making decisions. The top management makes decisions like expansion of the plant, automation, recruitment of senior personnel and diversification of products, etc. There are many kinds of tools or methods available...

Presents a mathematical model for determining Economic Production Quantity (EPQ) in a multistage flow‐shop production system for the case where the demand for items per unit time is deterministic and the planning horizon is finite. Solves an example problem to illustrate the model.

In a Just‐in‐Time (JIT) environment, ideally there would be no need for safety stocks. However, in practice, supply‐side and demandside uncertainties cannot be completely eliminated. Safety stocks would still be needed – particularly during the transition to JIT. Reviews the various...

A corrected attempt to determine the size of in‐process inventory and the manufacturing lead time for an n‐stage production system is made. This corrects the earlier model developed by Ornek and Collier by accurately deriving the model for determining the manufacturing cycle time.

In this paper three unlike coordinating contracts namely (i) joint rebate contract (ii) wholesale price discount contract and (iii) cost sharing contract are proposed for two echelon supply chain coordination perspective under stock and price induced demand. It is found analytically that the...