Title :
Optimum Ordering Policies with Lead Time for an Operating Unit in Preventive Maintenance
Author :
Kaio, Naoto ; Osaki, Shunji
Author_Institution :
Dept of Industrial Engineering; Faculty of Engineering; Hiroshima University; Hiroshima 730 JAPAN.
Abstract :
An ordering policy allows a spare, delivered after a constant lead time, to be put into inventory. Under certain conditions there exists a finite and unique ordering policy maximizing the cost effectiveness, which balances the system effectiveness and the cost and is defined as [s-availability]/[s-expected cost rate].
Keywords :
Chromium; Cost function; Hazards; Ice; Preventive maintenance; Reliability theory; Inventory; Lead time; Optimization; Ordering policy;
Journal_Title :
Reliability, IEEE Transactions on
DOI :
10.1109/TR.1978.5220365
