Effects of time value of money on the EPQ model with the imperfect quality items of raw material

In this paper an economic production model that takes into account the effects of imperfect quality items of raw material is extended to incorporate the time value of money. The mathematical model is developed and the optimal production quantity is obtained by maximizing the profit function. Numeric...

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Bibliographic Details
Main Author: Kassar, Abdul-Nasser (author)
Other Authors: Salameh, Moueen (author), Bitar, Mokarram (author)
Format: conferenceObject
Published: 2017
Online Access:http://hdl.handle.net/10725/5495
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
http://search.proquest.com/docview/1273888523?pq-origsite=gscholar
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