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Condition-based maintenance has been proven effective in reducing unexpected failures with minimum operational costs. This study considers an optimal condition-based replacement policy with optimal inspection interval when the degradation conforms to an inverse Gaussian process with random...
Persistent link: https://www.econbiz.de/10011190793
Statistical process control and maintenance planning have long been treated as two separate problems. The interdependence between these two activities has not been adequately addressed in the literature, despite their apparent connections. Information obtained in the course of statistical...
Persistent link: https://www.econbiz.de/10011052789
Cross-docking can reduce inventory in a retail supply chain but in certain situations it can result in more inventory being required in the stores to achieve the same customer service levels. In this paper we develop models to predict the changes in the retailer's system-wide inventory levels as...
Persistent link: https://www.econbiz.de/10009202339
For a repairable k-out-of-n:G system consisting of line-replaceable units, its operational availability depends on component reliability, its redundancy level, and spare parts availability. As a result, it is important to consider redundancy allocation and spare parts provisioning simultaneously...
Persistent link: https://www.econbiz.de/10011097837
Recently the service industry is transitioning from material-based contracting to performance-based contracting. This paradigm shift enables the supplier to maximize the profit by attaining the system performance goal, while the customer is able to lower the asset ownership cost with assured...
Persistent link: https://www.econbiz.de/10011193815
By utilizing condition monitoring information collected from wind turbine components, condition based maintenance (CBM) strategy can be used to reduce the operation and maintenance costs of wind power generation systems. The existing CBM methods for wind power generation systems deal with wind...
Persistent link: https://www.econbiz.de/10010805654
Performance based contracting (PBC) emerges as a new after-sales service practice to support the operation and maintenance of capital equipment or systems. Under the PBC framework, the goal of the study is to increase the system operational availability while minimizing the logistics footprint...
Persistent link: https://www.econbiz.de/10010574177
This paper proposes a Six Sigma based framework to deploy high product reliability commitment in distributed subcontractor manufacturing processes. The study aims to expand the Six Sigma tools in applications, where products are designed and developed under the fast time-to-market requirement....
Persistent link: https://www.econbiz.de/10008869629