Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money

A model that integrates the issues of production, quality, maintenance, inspection, inflation, and time value of money is proposed in this paper. It is assumed that the production system starts in the in-control state producing items of high or perfect quality. However, the process may deteriorate w...

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التفاصيل البيبلوغرافية
المؤلف الرئيسي: Darwish, M. (author)
مؤلفون آخرون: Bendaya, M. (author), unknown (author)
التنسيق: article
منشور في: 2020
الموضوعات:
الوصول للمادة أونلاين:https://eprints.kfupm.edu.sa/id/eprint/1922/1/imperfect_production_systems_with_imperf_darwish_isi_000236683200006.pdf
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author Darwish, M.
author2 Bendaya, M.
unknown
author2_role author
author
author_facet Darwish, M.
Bendaya, M.
unknown
author_role author
dc.creator.none.fl_str_mv Darwish, M.
Bendaya, M.
unknown
dc.date.*.fl_str_mv 2020
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv https://eprints.kfupm.edu.sa/id/eprint/1922/1/imperfect_production_systems_with_imperf_darwish_isi_000236683200006.pdf
Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money. ASIA-PACIFIC JOURNAL OF OPERATIONAL RESEARCH, 23. pp. 89-105.
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv WORLD SCIENTIFIC PUBL CO PTE LTD
dc.relation.none.fl_str_mv https://eprints.kfupm.edu.sa/id/eprint/1922/
http://isi.kfupm.edu.sa/journals/pdf/I/imperfect_production_systems_with_imperf_darwish_isi_000236683200006.pdf
dc.rights.*.fl_str_mv info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Systems
dc.title.none.fl_str_mv Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money
dc.type.none.fl_str_mv Article
PeerReviewed
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
description A model that integrates the issues of production, quality, maintenance, inspection, inflation, and time value of money is proposed in this paper. It is assumed that the production system starts in the in-control state producing items of high or perfect quality. However, the process may deteriorate with time and shifts at a random point in time to an out-of-control state and begins to produce non-conforming items. The elapsed time for the process to shift to the out-of-control state is assumed to follow a general distribution. Imperfect preventive maintenance, restoration, and inspection errors are taken into account. Also, inflation, time value of money, and shortage are considered in the proposed model. Numerical examples are presented to illustrate important aspects of the integrated model.
eu_rights_str_mv openAccess
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identifier_str_mv Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money. ASIA-PACIFIC JOURNAL OF OPERATIONAL RESEARCH, 23. pp. 89-105.
language_invalid_str_mv en
network_acronym_str KFUPM
network_name_str King Fahd University of Petroleum and Minerals
oai_identifier_str oai::1922
publishDate 2020
publisher.none.fl_str_mv WORLD SCIENTIFIC PUBL CO PTE LTD
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spelling Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of MoneyDarwish, M.Bendaya, M.unknownSystemsA model that integrates the issues of production, quality, maintenance, inspection, inflation, and time value of money is proposed in this paper. It is assumed that the production system starts in the in-control state producing items of high or perfect quality. However, the process may deteriorate with time and shifts at a random point in time to an out-of-control state and begins to produce non-conforming items. The elapsed time for the process to shift to the out-of-control state is assumed to follow a general distribution. Imperfect preventive maintenance, restoration, and inspection errors are taken into account. Also, inflation, time value of money, and shortage are considered in the proposed model. Numerical examples are presented to illustrate important aspects of the integrated model.WORLD SCIENTIFIC PUBL CO PTE LTDArticlePeerReviewedinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://eprints.kfupm.edu.sa/id/eprint/1922/1/imperfect_production_systems_with_imperf_darwish_isi_000236683200006.pdf Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money. ASIA-PACIFIC JOURNAL OF OPERATIONAL RESEARCH, 23. pp. 89-105. enhttps://eprints.kfupm.edu.sa/id/eprint/1922/http://isi.kfupm.edu.sa/journals/pdf/I/imperfect_production_systems_with_imperf_darwish_isi_000236683200006.pdf2020info:eu-repo/semantics/openAccessoai::19222019-11-01T13:29:32Z
spellingShingle Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money
Darwish, M.
Systems
status_str publishedVersion
title Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money
title_full Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money
title_fullStr Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money
title_full_unstemmed Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money
title_short Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money
title_sort Imperfect Production Systems With Imperfect Preventive Maintenance, Inflation, And Time Value Of Money
topic Systems
url https://eprints.kfupm.edu.sa/id/eprint/1922/1/imperfect_production_systems_with_imperf_darwish_isi_000236683200006.pdf