Some Aspects of Statistical Quality Control in Inventory Models
KONDA REDDY Nalamalapu
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Some Aspects of Statistical Quality Control in Inventory Models

Quality Control in Inventory Models

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This thesis contains a report of the investigations made into the mathematical aspects of inventory models with quality as the aspect for discussion. When the demand is partly influenced by quality of the items in stock, it is called Quality Dependent Demand. in chapter-2. A simple base stock system with probabilistic lead time has been used for this purpose and the quality aspect has been modeled by a 'displaced lead time distribution'. In chapter-3, the issue of using a sampling plan to accept or reject the lot on its arrival, has been discussed. A rectifying inspection procedure with non-re...