journal-of-statistics-and-management-systems Journal of Statistics and Management Systems 2169-0014 0972-0510 Taru Publications 10.47974/JSMS-1219 Economic manufacturing quantity model with quality investment  Chen Chung-Ho Department of Industrial Management and Information, I Nan-Tai Street, Southern Taiwan University of Science and Technology, Young-Kang Distri., Taninan, Taiwan, R.O.C. Lee Tzu-Hsien Department of Industrial Management and Information, I Nan-Tai Street, Southern Taiwan University of Science and Technology, Young-Kang Distri., Taninan, Taiwan, R.O.C. 27 3 673 680 30 03 2024

In this article, we propose the modified economic production problem by considering acceptance inspection for obtaining production quantity, mean, and quality investment. One considers unknown mean and known variability under the normal quality. The quality investment function is the declining exponential function of variability. One adopts Taguchi’s loss cost for evaluating quality.

 Production problem Mean Standard deviation Quality investment Taguchi’s loss function access open retracted no