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

SC IJPE 52

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.

 

Status: Under Review

 

 
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