Production and Predictive Maintenance Policies for Deteriorated Products under Advance-cash-credit Payments

碩士 === 國立臺灣科技大學 === 工業管理系 === 106 === In the era of industry 4.0, manufacturers tend to integrate predictive maintenance into production systems to maximize lifespan of equipment and avoid costly disruptions. Through the use of IoT sensors and data analysis, predictive maintenance can substantially...

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Main Authors: Arin Pantisoontorn, 陳秀秀
Other Authors: Yu-Chung Tsao
Format: Others
Language:en_US
Published: 2018
Online Access:http://ndltd.ncl.edu.tw/handle/w5926s
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spelling ndltd-TW-106NTUS50410252019-05-16T00:52:47Z http://ndltd.ncl.edu.tw/handle/w5926s Production and Predictive Maintenance Policies for Deteriorated Products under Advance-cash-credit Payments 考慮付款-現金-信用付款機制下衰退性產品的生產與預測性維修決 Arin Pantisoontorn 陳秀秀 碩士 國立臺灣科技大學 工業管理系 106 In the era of industry 4.0, manufacturers tend to integrate predictive maintenance into production systems to maximize lifespan of equipment and avoid costly disruptions. Through the use of IoT sensors and data analysis, predictive maintenance can substantially reduce production downtime by detecting and predicting systems before out of control resulting in a lower defective rate. Additionally, advance-cash-credit (ACC) payment scheme is commonly applied in real world business transaction to enhance cash flow flexibility among supply chain members. This paper develops a supplier-manufacturer chain which a predictive maintenance adopting manufacturer receives an ACC payment from the supplier to display supply chain management situation within the imperfect economic production quantity (EPQ) framework. Then, we model the manufacturer’s inventory system as a profit maximization problem to determine the optimal replenishment cycle time and predictive maintenance effort for deteriorated product. This model also adopts the discounted cash-flow analysis to consider time value of optimal profit which is proved to strictly concave in both replenishment time and preventive maintenance effort. Numerical and sensitivity analysis then are conducted to illustrate the effectiveness of proposed model. Finally, management insights are provided based on the result of model. Yu-Chung Tsao 曹譽鐘 2018 學位論文 ; thesis 50 en_US
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description 碩士 === 國立臺灣科技大學 === 工業管理系 === 106 === In the era of industry 4.0, manufacturers tend to integrate predictive maintenance into production systems to maximize lifespan of equipment and avoid costly disruptions. Through the use of IoT sensors and data analysis, predictive maintenance can substantially reduce production downtime by detecting and predicting systems before out of control resulting in a lower defective rate. Additionally, advance-cash-credit (ACC) payment scheme is commonly applied in real world business transaction to enhance cash flow flexibility among supply chain members. This paper develops a supplier-manufacturer chain which a predictive maintenance adopting manufacturer receives an ACC payment from the supplier to display supply chain management situation within the imperfect economic production quantity (EPQ) framework. Then, we model the manufacturer’s inventory system as a profit maximization problem to determine the optimal replenishment cycle time and predictive maintenance effort for deteriorated product. This model also adopts the discounted cash-flow analysis to consider time value of optimal profit which is proved to strictly concave in both replenishment time and preventive maintenance effort. Numerical and sensitivity analysis then are conducted to illustrate the effectiveness of proposed model. Finally, management insights are provided based on the result of model.
author2 Yu-Chung Tsao
author_facet Yu-Chung Tsao
Arin Pantisoontorn
陳秀秀
author Arin Pantisoontorn
陳秀秀
spellingShingle Arin Pantisoontorn
陳秀秀
Production and Predictive Maintenance Policies for Deteriorated Products under Advance-cash-credit Payments
author_sort Arin Pantisoontorn
title Production and Predictive Maintenance Policies for Deteriorated Products under Advance-cash-credit Payments
title_short Production and Predictive Maintenance Policies for Deteriorated Products under Advance-cash-credit Payments
title_full Production and Predictive Maintenance Policies for Deteriorated Products under Advance-cash-credit Payments
title_fullStr Production and Predictive Maintenance Policies for Deteriorated Products under Advance-cash-credit Payments
title_full_unstemmed Production and Predictive Maintenance Policies for Deteriorated Products under Advance-cash-credit Payments
title_sort production and predictive maintenance policies for deteriorated products under advance-cash-credit payments
publishDate 2018
url http://ndltd.ncl.edu.tw/handle/w5926s
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