Multicriteria decision making on maintenance: Spares and contracts planning

Multicriteria decision making on maintenance: Spares and contracts planning

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Article ID: iaor20013805
Country: Netherlands
Volume: 129
Issue: 2
Start Page Number: 235
End Page Number: 241
Publication Date: Mar 2001
Journal: European Journal of Operational Research
Authors:
Keywords: programming: multiple criteria
Abstract:

The competitiveness of an industrial system is directly related to decision making in areas of product support logistics, such as the maintenance area. Multicriteria decision making takes into account various aspects associated with competitiveness of the system. This paper presents multicriteria decision models for two maintenance problems: repair contract selection and spares provisioning. In the repair contract problem the model incorporates consequences modelled through a multiattribute utility function. These consequences consist of contract cost and system performance, represented by the system interruption time. Two criteria (risk and cost) are combined through a multiattribute utility function in the spares provisioning decision model. This paper presents the formulation and derivations for both models and the numerical application illustrates the use of models including sensitivity analysis.

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