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Globalization has not only generated immense business opportunities, but also created a very competitive marketplace. To retain competitive advantage, a manufacturer must satisfy a client's multiproduct and quality requirements with limited in-house capacity. An outsourcing strategy can overcome...
Persistent link: https://www.econbiz.de/10012662772
In a recent study [Chiu et al., 2007. Determining the optimal run time for EPQ model with scrap, rework, and stochastic breakdowns. European Journal of Operational Research 180, 664–676], the perfect rework of nonconforming items was assumed in a production system that is subject to stochastic...
Persistent link: https://www.econbiz.de/10010744028
Globalization has not only generated immense business opportunities, but also created a very competitive marketplace. To retain competitive advantage, a manufacturer must satisfy a client's multiproduct and quality requirements with limited in-house capacity. An outsourcing strategy can overcome...
Persistent link: https://www.econbiz.de/10012029500