In supply chain inventory management it is generally accepted that safety stocks are a
suitable strategy to deal with demand and supply uncertainty aiming to prevent inventory …

Joint production system control is a challenge for researchers and a daily defy for managers
and practitioners. The large concern comes from the interdependence between the system …

In this paper, integrated planning of production, imperfect maintenance and process
inspections in a multi-machine system is investigated. This system consists of parallel …

Production, maintenance, and quality are often modeled as separate problems, despite the
strong link that exists between these primary components of any manufacturing system. This …

The paper presents a generalized economic manufacturing quantity model for an unreliable
production system in which the production facility may shift from an 'in-control'state to an 'out …

Traditionally, optimal preventive maintenance strategies are derived under deterministic and
constant rate demand. Using “option”, a powerful financial derivative tool to tackle …

The paper develops integrated production, inventory and maintenance models for a
deteriorating production system in which the production facility may not only shift from an 'in …

This paper is concerned with the joint determination of both economic production quantity
and preventive maintenance (PM) schedules under the realistic assumption that the …

The intention of this article is to develop a framework of production policy (resumption and
non-resumption) in order to find out optimal safety stock, optimal production rate and …

In this article, we study an economic manufacturing quantity (EMQ) problem for an unreliable
production facility where the production rate is treated as a decision variable. As the stress …