Joint modified block replacement and production/inventory control policy for a failure‐prone manufacturing cell

Joint modified block replacement and production/inventory control policy for a failure‐prone manufacturing cell

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Article ID: iaor20114411
Volume: 39
Issue: 6
Start Page Number: 642
End Page Number: 654
Publication Date: Dec 2011
Journal: Omega
Authors: , ,
Abstract:

A Joint maintenance and production/inventory control policy for unreliable machines. A policy combining a Modified Block Replacement Policy and a Hedging Point Policy. Comparison between age‐based and periodic maintenance policies using simulation. Modified Block Replacement Policy could outperform age replacement one.

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