Joint optimization of spare parts ordering and maintenance policies for multiple identical items subject to silent failures

•The joint maintenance and spares ordering policy for identical items is studied.•The items suffer two types of silent failures: minor and major.•Both periodic and continuous review inventory policies are studied.•Properties for the decision variables are provided to facilitate optimization.•Sensiti...

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Published inEuropean journal of operational research Vol. 235; no. 1; pp. 300 - 314
Main Author Panagiotidou, Sofia
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 16.05.2014
Elsevier Sequoia S.A
Subjects
Online AccessGet full text
ISSN0377-2217
1872-6860
DOI10.1016/j.ejor.2013.10.065

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Abstract •The joint maintenance and spares ordering policy for identical items is studied.•The items suffer two types of silent failures: minor and major.•Both periodic and continuous review inventory policies are studied.•Properties for the decision variables are provided to facilitate optimization.•Sensitivity analysis shows that the models are robust to parameters misestimation. In this paper the joint maintenance and spare parts ordering problem for more than one identical operating items is studied. The operating items may suffer two types of silent failures: a minor failure, which results in item malfunctioning, and a major failure, which renders the item completely out-of-function. Inspections are periodically held to detect any failures and the inspected items are preventively maintained, repaired or replaced according to their condition. Two ordering policies are investigated to supply the necessary spare parts: a periodic review and a continuous review policy. The expected total maintenance and inventory cost per time unit is derived and the proposed models are optimized for real case data. In addition, the sensitivity of the proposed models is studied through numerical examples and the effect of some key problem characteristics on the optimal decisions is discussed.
AbstractList •The joint maintenance and spares ordering policy for identical items is studied.•The items suffer two types of silent failures: minor and major.•Both periodic and continuous review inventory policies are studied.•Properties for the decision variables are provided to facilitate optimization.•Sensitivity analysis shows that the models are robust to parameters misestimation. In this paper the joint maintenance and spare parts ordering problem for more than one identical operating items is studied. The operating items may suffer two types of silent failures: a minor failure, which results in item malfunctioning, and a major failure, which renders the item completely out-of-function. Inspections are periodically held to detect any failures and the inspected items are preventively maintained, repaired or replaced according to their condition. Two ordering policies are investigated to supply the necessary spare parts: a periodic review and a continuous review policy. The expected total maintenance and inventory cost per time unit is derived and the proposed models are optimized for real case data. In addition, the sensitivity of the proposed models is studied through numerical examples and the effect of some key problem characteristics on the optimal decisions is discussed.
In this paper the joint maintenance and spare parts ordering problem for more than one identical operating items is studied. The operating items may suffer two types of silent failures: a minor failure, which results in item malfunctioning, and a major failure, which renders the item completely out-of-function. Inspections are periodically held to detect any failures and the inspected items are preventively maintained, repaired or replaced according to their condition. Two ordering policies are investigated to supply the necessary spare parts: a periodic review and a continuous review policy. The expected total maintenance and inventory cost per time unit is derived and the proposed models are optimized for real case data. In addition, the sensitivity of the proposed models is studied through numerical examples and the effect of some key problem characteristics on the optimal decisions is discussed.
In this paper the joint maintenance and spare parts ordering problem for more than one identical operating items is studied. The operating items may suffer two types of silent failures: a minor failure, which results in item malfunctioning, and a major failure, which renders the item completely out-of-function. Inspections are periodically held to detect any failures and the inspected items are preventively maintained, repaired or replaced according to their condition. Two ordering policies are investigated to supply the necessary spare parts: a periodic review and a continuous review policy. The expected total maintenance and inventory cost per time unit is derived and the proposed models are optimized for real case data. In addition, the sensitivity of the proposed models is studied through numerical examples and the effect of some key problem characteristics on the optimal decisions is discussed. [PUBLICATION ABSTRACT]
Author Panagiotidou, Sofia
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Snippet •The joint maintenance and spares ordering policy for identical items is studied.•The items suffer two types of silent failures: minor and major.•Both periodic...
In this paper the joint maintenance and spare parts ordering problem for more than one identical operating items is studied. The operating items may suffer two...
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SubjectTerms Decision making models
Failure
Inspection
Inventory
Inventory management
Maintenance
Mathematical models
Mathematical problems
Optimization
Optimization techniques
Order disorder
Policies
Repair & maintenance
Replacement
Spare parts
Studies
Title Joint optimization of spare parts ordering and maintenance policies for multiple identical items subject to silent failures
URI https://dx.doi.org/10.1016/j.ejor.2013.10.065
https://www.proquest.com/docview/1497037146
https://www.proquest.com/docview/1531024170
Volume 235
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