Optimal maintenance policy for imperfect production systems using reliability function and defect rate

Author:

Ho Jyh‐Wen1,Huang Yeu‐Shiang2,Huang Peng‐Tsi3

Affiliation:

1. Department of Industrial Management and Enterprise Information Aletheia University Taipei Taiwan, ROC

2. Department of Industrial and Information Management, Center for Innovative FinTech Business Models National Cheng Kung University Tainan Taiwan, ROC

3. Department of Industrial and Information Management National Cheng Kung University Tainan Taiwan, ROC

Abstract

AbstractThis study examines how a manufacturer can improve the robustness of an imperfect production system by implementing maintenance activities, which can be measured in terms of system reliability and product failure rate. A two‐dimensional maintenance policy comprising system reliability and the product defect rate is proposed to assess maintenance activity costs. The optimal thresholds of the two dimensions are analyzed to investigate the trade‐off between cost and system quality. A numerical example is provided to verify the proposed model's effectiveness. The results showed that the less stable the system, the greater the total costs incurred; therefore, lower stringent thresholds may be set to prevent frequent maintenance. Moreover, a sensitivity analysis is performed to investigate the essential parameters that significantly affect maintenance decisions. The results showed that the thresholds of the reliability function and defect rate significantly impact total costs. Any inaccurate assessment of system usage could lead to incorrect estimations and a substantial increase in cost.

Publisher

Wiley

Subject

Management Science and Operations Research,General Business, Management and Accounting,Modeling and Simulation

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