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In an operational environment, the total relevant cost includes (i) production time cost, (ii) manufacturing facility setup cost and (iii) inventory carrying cost.
The objective of this study is to minimize the total relevant cost by simultaneously optimizing the order quantity, lost sales rate and order processing cost.
Distribution centers location problem is concerned with how to select distribution centers from the potential set so that the total relevant cost is minimized.
In this paper, an optimum lot-sizing policy based on minimum total relevant cost under price and demand uncertainties was studied by using various artificial neural networks trained with heuristic-based learning approaches; genetic algorithm (GA) and bee algorithm (BA).
Cardenas-Barron, Economic production quantity with rework process at a single-stage manufacturing system with planned backorders, Computers and Industrial Engineering 57 (2009) 1105 1113] minimizes the annual total relevant cost TC Q,B) to find the economic production quantity with rework process at a manufacturing system and assumes that TC Q,B) is convex.
The total relevant costs.
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In total, 398 relevant papers were retrieved.
Accelerator products like these in BASF's product portfolio account for $10 billion Euros, or almost 18% of the company's total annual relevant product sales of $56 billion Euros.
Although several workplace neighborhood environmental variables were correlated with total walking, relevant to the field of transportation, the pattern of association with total physical activity was not as consistent or strong.
Overall, a total clinically relevant loss of bone height of approximately 2 5 mm in the first 6 months can be observed in the vertical dimension [10, 20].
In total 17 relevant systematic reviews were included [12], [21], [36].
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com