Optimization of the machining economics problem under the failure replacement strategy

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14 Scopus citations

Abstract

This paper presents a model for calculating the optimal cutting feed rate and spindle speed in a stand-alone cutting machine. The optimal cutting conditions are determined for three different objective functions - minimum expected cycle time, minimum expected cost per unit, and maximum expected profit-rate - under the failure replacement strategy, taking into account cutting tool constraints and machine limitations. We also examine the relationships between the optimal solutions, and present the efficiency range of feed rate.

Original languageEnglish
Pages (from-to)213-230
Number of pages18
JournalInternational Journal of Production Economics
Volume80
Issue number3
DOIs
StatePublished - 11 Dec 2002

Keywords

  • Failure replacement
  • Machining economics
  • Tool life

ASJC Scopus subject areas

  • Business, Management and Accounting (all)
  • Economics and Econometrics
  • Management Science and Operations Research
  • Industrial and Manufacturing Engineering

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