Optimal buffer inventory and opportunistic preventive maintenance under random production capacity availability

Optimal buffer inventory and opportunistic preventive maintenance under random production capacity availability

0.00 Avg rating0 Votes
Article ID: iaor2009154
Country: Netherlands
Volume: 111
Issue: 2
Start Page Number: 686
End Page Number: 696
Publication Date: Jan 2008
Journal: International Journal of Production Economics
Authors: , ,
Keywords: inventory
Abstract:

In this paper we study the determination of the optimal maintenance policy for a manufacturing facility and the optimal buffer inventory to satisfy the demand during the interruption period due to a maintenance action. We consider the possibility of imperfect production and that opportunities for the fabrication of the buffer inventory and opportunities to carry out a maintenance action to the production facility are random.

Reviews

Required fields are marked *. Your email address will not be published.