Research Article
Determining Replenishment Lot Size and Shipment Policy for an EPQ Inventory Model with Delivery and Rework
Table 1
Data for the example.
| Parameter | From Chiu et al. [7] and Chiu et al. [8] |
| | 100 | | 60 | | 20 | | 0.1 | | 20000 | | 2000 | | 20 | | 40 | | 80 | | 3400 | | 60000 | | 2100 | | Uniform (0, 0.3) | | 0.1 | | 0.1 | | 0.1 | | 0.19 |
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Remember that for a uniform distribution with range (a, b) the expected value is defined as .
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