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This paper reports on the application of the sequential method, presented in a previous paper by Lai et al. in 2001, to determine optimal strategies of when to carry out a preventive maintenance action for an engine and when to replace an engine in use. The sequential method was run with real...
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In this study, we employed a geometric process approach to resolve gearbox maintenance problems. The approach is realistic and direct in modelling the characteristics of a deteriorating system such as a gearbox since a decreasing geometric process can model a gearbox’s successive operating...
Persistent link: https://www.econbiz.de/10014800047
In this study, a power law process (PLP) for the failures of an engine, regarded as a complex repairable system, in a minimal repair set‐up (i.e. only a small proportion of the constituent parts of the engine are replaced on repair) with the engine regularly replaced within period T or...
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Since the implementation of the open-door policy in China, many Hong Kong-based manufacturers' production lines have moved to China to take advantage of the lower production cost, lower wages, and lower rental costs, and thus, the finished products must be transported from China to Hong Kong. It...
Persistent link: https://www.econbiz.de/10009458105
In this paper, we introduce the cross-border logistics problem with fleet management. A major phenomenon of implementation of open-door policy in China is the move of Hong Kong-based manufacturers’ production lines to China, crossing the border to take advantages of lower production costs,...
Persistent link: https://www.econbiz.de/10009458429
This paper investigates the role of the returns policy in the co-ordination of supply chain: A manufacturer provides a return policy for unsold goods to two competing retailers who face uncertain demand. The problem is described with a game theory structure: The manufacturer, as the Stackelberg...
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