Joint Lot-size and Preventive Maintenance Optimization for a Production System

XUEJUAN LIU, WENBIN WANG, FEI ZHAO, and RUI PENG

Joint Lot-size and Preventive Maintenance Optimization for a Production System

Volume 11, Number 1, January 2015 - SC 52 - pp. 91-96

XUEJUAN LIU, WENBIN WANG, FEI ZHAO, and RUI PENG

Dongling School of Economics and Management, University of Science and Technology Beijing, Beijing, 100083, CHINA

(Received on July 23, 2014, revised on September 24, 2014)

Abstract:

This paper considers a production system producing multiple products alternately, and a production cycle is formed by a complete run of all products which go through the system in sequence. Two different preventive maintenance policies are studied. A framework is proposed to solve the optimal lot-size of each product together with the optimal preventive maintenance epoch which minimizes the system’s cost rate in long run.

References: 6

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