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Economic lot sizing and batching models often assume reliable manufacturing facilities. In this research, we focus on the effects of machine breakdowns and corrective maintenance on the economic lot sizing decisions. Two production control policies are proposed for coping with these stochastic...
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In the changing and increasingly competitive industrial arena, companies are striving towards world-class competitiveness. This also puts maintenance under increasing pressure to improve, e.g., availability and reliability of production facilities, and to reduce cost and waste. With the...
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Companies operate globally and face increasing competition. Collaboration between companies could be a critical factor to remain competitive. Extensive academic research addressed the collaboration inside a supply chain (vertical collaboration). Despite persuasive research, a literature survey...
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This paper proposes a spare part classification method based on item criticality. Starting from a multi-criteria analysis, the proposed model converts relevant criteria impacting item criticality into a single score presenting the criticality level. The obtained criticality level is used to...
Persistent link: https://www.econbiz.de/10010580565
During the past decades, several joint maintenance and inventory optimization systems have been studied in literature. Compared to the sequential optimization of both models, Kabir and Al-Olayan (1996) reported a remarkable influence on total cost due to their joint optimization method. This...
Persistent link: https://www.econbiz.de/10010665787
The performance and competitiveness of manufacturing companies is dependent on the reliability, availability and productivity of their production facilities. To ensure the plant achieves the desired performance, maintenance managers need a good track of performance on maintenance process and...
Persistent link: https://www.econbiz.de/10008869607