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Economic Design Of Acceptance Sampling Plans In A Two-Stage Supply Chain, Lie-Fern Hsu, Jia-Tzer Hsu
Economic Design Of Acceptance Sampling Plans In A Two-Stage Supply Chain, Lie-Fern Hsu, Jia-Tzer Hsu
Publications and Research
Supply Chain Management, which is concerned with material and information flows between facilities and the final customers, has been considered the most popular operations strategy for improving organizational competitiveness nowadays. With the advanced development of computer technology, it is getting easier to derive an acceptance sampling plan satisfying both the producer’s and consumer’s quality and risk requirements. However, all the available QC tables and computer software determine the sampling plan on a noneconomic basis. In this paper, we design an economic model to determine the optimal sampling plan in a two-stage supply chain that minimizes the producer’s and the consumer’s …