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In this paper, we consider a dual-sourcing model with constant demand and stochastic lead times. Two suppliers may be different in terms of purchasing prices and lead-time parameters. The ordering takes place when the inventory level depletes to a reorder level, and the order is split among two suppliers. Unlike previous works in the order splitting literature, the supply lead time between vendor and buyer as well as unit purchasing prices is considered to be order quantity dependent. The proposed model finds out the optimal reorder point, order quantity and splitting proportion, using a solution procedure. Numerical results show that neglecting the relationship between ordering batch size... 

In this paper, we address a basic production planning problem with price dependent demand and stochastic yield of production. We use price and target quantity as decision variables to lower the risk of low yield. The value of risk control becomes more important especially for products with short life cycle. This is because, the profit implications of low yield might be unbearable in the short run. We apply Conditional Value at Risk (CVaR) to model the risk. CVaR measure is a coherent risk measure and thereby having nice conceptual and mathematical underpinnings. It is also widely used in practice. We consider the problem under general demand function and general distribution function of... 

The main aim of this study was to improve current efficiency and to obtain thicker coatings via aluminum oxide (Al2O3) addition to the chromium (Cr) (III) bath. Design/methodology/approach ‐ Pure Cr and nanocomposite Cr–Al2O3 coatings were electrodeposited from Cr (III) bath onto cathode copper substrates by conventional method. Dependence of current efficiency to current density, Al2O3 content and particle size were investigated. Findings ‐ Current efficiency increased with Al2O3 amount and decreased with Al2O3 particle size. Maximum current efficiency was achieved at 25 A/dm2 for pure Cr and 30 A/dm2 for composite coatings. Al2O3 bath content, current density and stirring rate increased...