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has been cited by the following article:

• TITLE: A Collaborative Business Model for Imperfect Process with Setup Cost and Lead Time Reductions

  AUTHORS: Chien-Chung Lo

  KEYWORDS: Collaborative Model; Imperfect Process; Lead Time Reduction; Setup Cost Reduction

  JOURNAL NAME: Open Journal of Social Sciences, Vol.1 No.7, December 12, 2013

  ABSTRACT: This paper develops a collaborative business model for imperfect process with setup cost and lead time reductions. We propose a simple solution procedure to derive the optimal order quantity, lead time, delivery frequency and setup cost. Shortage during the lead time is assumed to be partially backordered. Numerical examples are carried out to show how the proposed model can result in a substantial cost savings over the traditional model.