Hedging Point Policy Improvement

被引：0
|
作者：
E. K. Boukas
机构：
[1] Eacute;cole Polytechnique de Montréal and GERAD,Mechanical Engineering Department, &
来源：
Journal of Optimization Theory and Applications | 1998年 / 97卷
关键词：
Flexible manufacturing; piecewise-deterministic systems; production rates; maintenance rates; HJB equation; hedging levels;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
This paper deals with the production and the corrective maintenance planning control problem for failure-prone manufacturing systems. The introduction of corrective maintenance increases the availability of the manufacturing system, which guarantees the improvement of the system productivity if the production planning is well done. For the one-machine/one-part system, we show that our planning control problem is more efficient than the one given by Akella and Kumar. We also show that the hedging level is lower than the one obtained by Akella and Kumar.
引用
收藏
页码：47 / 70
页数：23
相关论文
共 50 条
  • [1] Hedging point policy improvement
    Boukas, EK
    JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS, 1998, 97 (01) : 47 - 70
  • [2] Hedging Point Policy Improvement
    Mechanical Engineering Department, Ecl. Polytech. de Montréal, GERAD, Montreal, Qué., Canada
    J. Optim. Theory Appl., 1 (47-70):
  • [3] Improved joint preventive maintenance and hedging point policy
    Berthaut, F.
    Gharbi, A.
    Kenne, J-P
    Boulet, J. -F.
    INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 2010, 127 (01) : 60 - 72
  • [4] A Fuzzy Hedging Point Policy for Sustainable Manufacturing System
    Hennequin, Sophie
    Restrepo, Laura Maria Ramirez
    2015 INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING AND SYSTEMS MANAGEMENT (IESM), 2015, : 1041 - 1047
  • [5] Developing environmental hedging point policy with variable demand: A machine learning approach
    Behnamfar, Reza
    Sajadi, Seyed Mojtaba
    Tootoonchy, Mahshid
    International Journal of Production Economics, 2022, 254
  • [6] Hedging-point control policy for a failure-prone manufacturing system
    Yan, Hong-Sen
    Jiang, Tian-Hua
    Meng, Xian-Gang
    Shi, Wen-Wu
    PROCEEDINGS OF THE INSTITUTION OF MECHANICAL ENGINEERS PART B-JOURNAL OF ENGINEERING MANUFACTURE, 2017, 231 (08) : 1479 - 1487
  • [7] Controlling the work-in-process in a tandem manufacturing system by hedging point policy
    Zhu, Minru
    ENERGY SCIENCE AND APPLIED TECHNOLOGY, 2016, : 315 - 319
  • [8] Developing environmental hedging point policy with variable demand: A machine learning approach
    Behnamfar, Reza
    Sajadi, Seyed Mojtaba
    Tootoonchy, Mahshid
    INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 2022, 254
  • [9] Investigating parameters of two-point hedging policy for operating a storage reservoir
    Jain, S.K. (skj@nih.ernet.in), 1600, Taylor and Francis Ltd. (20):
  • [10] A multi-objective Environmental Hedging Point Policy with customer satisfaction criteria
    Afshar-Bakeshloo, Mohammadbagher
    Bozorgi-Amiri, Ali
    Sajadi, Seyed Mojtaba
    Jolai, Fariborz
    JOURNAL OF CLEANER PRODUCTION, 2018, 179 : 478 - 494
12345