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Article
Engineering, Industrial
An operating cost minimization model for buyer-vendor coordination batch system with breakdowns, scrap, overtime, and an external source
Yuan-Shyi P. Chiu et al.
Summary: In the batch production decision of a buyer-vendor coordination system, the management needs to consider various operating expenses and optimize the production-delivery plan to minimize internal operating costs and maximize customer satisfaction.
INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING COMPUTATIONS (2024)