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Improved joint preventive maintenance and hedging point policy

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  • Berthaut, F.
  • Gharbi, A.
  • Kenné, J.-P.
  • Boulet, J.-F.

Abstract

We investigate the preventive maintenance and inventory control problem of a one-machine, one-product manufacturing system subject to random breakdowns. Both preventive and corrective interventions have random and non-negligible durations during which an excess of final products inventory is necessary to fulfill demand. The objective of this study is to find the production rate and the preventive maintenance schedule that minimize the total cost of maintenance and inventory/backlog in the case of periodic preventive maintenance. A near-optimal policy characterization with a simple structure is carried out using a numerical approach. Such a policy is a combination of a hedging point policy and a modified periodic preventive maintenance strategy, under which preventive maintenance actions are performed only if the inventory level exceeds a sufficient level. A simulation-based experimental approach is adopted to achieve a close approximation of the optimal control parameters. It is concluded from a sensitivity analysis and a comparative analysis that the near-optimal control policy leads to a significant cost reduction as compared to the combination of a hedging point policy and a classical periodic preventive maintenance policy.

Suggested Citation

  • Berthaut, F. & Gharbi, A. & Kenné, J.-P. & Boulet, J.-F., 2010. "Improved joint preventive maintenance and hedging point policy," International Journal of Production Economics, Elsevier, vol. 127(1), pages 60-72, September.
    • Handle: RePEc:eee:proeco:v:127:y:2010:i:1:p:60-72
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    References listed on IDEAS

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    1. Chelbi, Anis & Ait-Kadi, Daoud, 2004. "Analysis of a production/inventory system with randomly failing production unit submitted to regular preventive maintenance," European Journal of Operational Research, Elsevier, vol. 156(3), pages 712-718, August.
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    7. Dimitrakos, T.D. & Kyriakidis, E.G., 2008. "A semi-Markov decision algorithm for the maintenance of a production system with buffer capacity and continuous repair times," International Journal of Production Economics, Elsevier, vol. 111(2), pages 752-762, February.
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    Cited by:

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    3. Dhahri, Akrem & Gharbi, Ali & Ouhimmou, Mustapha, 2022. "Integrated production-transshipment control policy for a two-location unreliable manufacturing system," International Journal of Production Economics, Elsevier, vol. 247(C).
    4. Jiawen Hu & Zuhua Jiang & Hong Wang, 2017. "Joint Optimization of Production Plan and Preventive Maintenance Schedule by Stackelberg Game," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 34(04), pages 1-28, August.
    5. Bouslah, B. & Gharbi, A. & Pellerin, R., 2016. "Joint economic design of production, continuous sampling inspection and preventive maintenance of a deteriorating production system," International Journal of Production Economics, Elsevier, vol. 173(C), pages 184-198.
    6. Behnamfar, Reza & Sajadi, Seyed Mojtaba & Tootoonchy, Mahshid, 2022. "Developing environmental hedging point policy with variable demand: A machine learning approach," International Journal of Production Economics, Elsevier, vol. 254(C).
    7. Gia-Shie Liu, 2019. "A Group Replacement Decision Support System Based on Internet of Things," Mathematics, MDPI, vol. 7(9), pages 1-23, September.
    8. Dehghan Shoorkand, Hassan & Nourelfath, Mustapha & Hajji, Adnène, 2024. "A hybrid CNN-LSTM model for joint optimization of production and imperfect predictive maintenance planning," Reliability Engineering and System Safety, Elsevier, vol. 241(C).
    9. Rivera-Gómez, Héctor & Gharbi, Ali & Kenné, Jean-Pierre & Montaño-Arango, Oscar & Hernández-Gress, Eva Selene, 2018. "Subcontracting strategies with production and maintenance policies for a manufacturing system subject to progressive deterioration," International Journal of Production Economics, Elsevier, vol. 200(C), pages 103-118.
    10. Rivera-Gómez, Héctor & Gharbi, Ali & Kenné, Jean Pierre, 2013. "Joint production and major maintenance planning policy of a manufacturing system with deteriorating quality," International Journal of Production Economics, Elsevier, vol. 146(2), pages 575-587.
    11. Assid, M. & Gharbi, A. & Hajji, A., 2020. "Production control of failure-prone manufacturing-remanufacturing systems using mixed dedicated and shared facilities," International Journal of Production Economics, Elsevier, vol. 224(C).
    12. Gössinger, Ralf & Helmke, Hanna & Kaluzny, Michael, 2017. "Condition-based release of maintenance jobs in a decentralised production-maintenance system – An analysis of alternative stochastic approaches," International Journal of Production Economics, Elsevier, vol. 193(C), pages 528-537.
    13. Gharbi, Ali & Kenné, Jean-Pierre & Kaddachi, Rawia, 2022. "Dynamic optimal control and simulation for unreliable manufacturing systems under perishable product and shelf life variability," International Journal of Production Economics, Elsevier, vol. 247(C).

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