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Optimal deteriorating items production inventory models with random machine breakdown and stochastic repair time

UNSPECIFIED (2011) Optimal deteriorating items production inventory models with random machine breakdown and stochastic repair time. Applied Mathematical Modelling, 35 (7). 3495–3508. ISSN 0307-904X

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        Abstract

        This study develops deteriorating items production inventory models with random machine breakdown and stochastic repair time. The model assumes the machine repair time is independent of the machine breakdown rate. The classical optimization technique is used to derive an optimal solution. A numerical example and sensitivity analysis are shown to illustrate the models. The stochastic repair models with uniformly distributed repair time tends to have a larger optimal total cost than the fixed repair time model, however the production up time is less than the fixed repair time model. Production and demand rate are the most sensitive parameters for the optimal production up time, and demand rate is the most sensitive parameter to the optimal total cost for the stochastic model with exponential distribution repair time.

        Item Type: Article
        Uncontrolled Keywords: Inventory Machine breakdown Deteriorating items Stochastic repair time
        Subjects: T Technology > TS Manufactures
        Divisions: UNSPECIFIED
        Depositing User: Admin
        Date Deposited: 05 Nov 2012 18:00
        Last Modified: 18 Nov 2024 14:26
        URI: https://repository.petra.ac.id/id/eprint/21303

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