Optimal buffer inventory and preventive maintenance for an imperfect production process

Optimal buffer inventory and preventive maintenance for an imperfect production process

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Article ID: iaor20043474
Country: United Kingdom
Volume: 42
Issue: 5
Start Page Number: 959
End Page Number: 974
Publication Date: Jan 2004
Journal: International Journal of Production Research
Authors: , ,
Keywords: inventory
Abstract:

In this paper we present a model to determine the optimal length of continuous production periods between maintenance actions and the optimal buffer inventory to satisfy demand during preventive maintenance or repair of a manufacturing facility. We include in the model the possibility of imperfect production. We consider that the duration and cost of the maintenance action depend on the state of the production facility.

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