The optimal schedule to produce a given number of acceptable parts with a specified confidence level |
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Authors: | F. J. ARCELUS P. K. BANERJEE RAMESH CHANDRA |
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Affiliation: | 1. Faculty of Administration , University of New Brunswick , Fredericton , New Brunswick , E3B 6E5 , Canada;2. Department of Mathematics and Statistics , University of New Brunswick , Fredericton , New Brunswick , E3B 6E5 , Canada |
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Abstract: | This paper deals with the problem of finding the optimal schedule for producing, with a probability α, a finite number H, of parts which have a diameter within specified tolerance limits. It is assumed that the diameter is a normally distributed variable that exhibits a linear trend in the process mean. The solution involves determining the optimal run size(s), as well as the specific number of runs of each size, required to produce at least H parts, with probability α, at minimum cost. A solution algorithm is provided and computational experience reported. |
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