Optimization of the machining economics problem for a multistage transfer machine under failure, opportunistic and integrated replacement strategies

Research output: Contribution to journalArticlepeer-review

29 Scopus citations

Abstract

In the extensive literature dealing with the machining economics problem, the optimization of the multistage production system is rarely discussed, and when so it is considered mostly in terms of the Failure Replacement Strategy. However, when analysing this problem, the possibility of using the Opportunistic or Integrated Replacement Strategies also arises. In this work, we minimize the expected cost per unit under three different tool replacement strategies: Failure Replacement, Opportunistic Replacement and Integrated Replacement. For the first strategy, we show that the optimal solution is obtained using a one-dimensional search algorithm. For each of the other two strategies, we develop approximate models that are studied using simulations. These models appear to be very efficient.

Original languageEnglish
Pages (from-to)2229-2247
Number of pages19
JournalInternational Journal of Production Research
Volume41
Issue number10
DOIs
StatePublished - 10 Jul 2003

ASJC Scopus subject areas

  • Strategy and Management
  • Management Science and Operations Research
  • Industrial and Manufacturing Engineering

Fingerprint

Dive into the research topics of 'Optimization of the machining economics problem for a multistage transfer machine under failure, opportunistic and integrated replacement strategies'. Together they form a unique fingerprint.

Cite this