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A decision optimization model for leased manufacturing equipment with warranty under forecasting production/maintenance problem

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Hajej, Zied, Rezg, Nidhal et Gharbi, Ali. 2015. « A decision optimization model for leased manufacturing equipment with warranty under forecasting production/maintenance problem ». Mathematical Problems in Engineering, vol. 2015.
Compte des citations dans Scopus : 10.

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Abstract

Due to the expensive production equipment, many manufacturers usually lease production equipment with a warranty period during a finite leasing horizon, rather than purchasing them. The lease contract contains the possibility of obtaining an extended warranty for a given additional cost. In this paper, based on the forecasting production/maintenance optimization problem, we develop a mathematical model to study the lease contract with basic and extended warranty based on win-win relationship between the lessee and the lessor. The influence of the production rates in the equipment degradation consequently on the total cost by each side during the finite leasing horizon is stated in order to determine a theoretical condition under which a compromise-pricing zone exists under different possibilities of maintenance policies.

Item Type: Peer reviewed article published in a journal
Additional Information: Identifiant de l'article: 274530
Professor:
Professor
Gharbi, Ali
Affiliation: Génie de la production automatisée
Date Deposited: 04 Nov 2015 20:02
Last Modified: 10 Mar 2016 20:23
URI: https://espace2.etsmtl.ca/id/eprint/11724

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