A risk-averse simulation-based approach for a joint optimization of workforce capacity, spare part stocks and scheduling priorities in maintenance planning. (December 2020)
- Record Type:
- Journal Article
- Title:
- A risk-averse simulation-based approach for a joint optimization of workforce capacity, spare part stocks and scheduling priorities in maintenance planning. (December 2020)
- Main Title:
- A risk-averse simulation-based approach for a joint optimization of workforce capacity, spare part stocks and scheduling priorities in maintenance planning
- Authors:
- Turan, Hasan Hüseyin
Atmis, Mahir
Kosanoglu, Fuat
Elsawah, Sondoss
Ryan, Michael J. - Abstract:
- Highlights: A joint maintenance planning problem is modelled and solved under uncertainty. The decision maker's risk attitude is incorporated into the objective function. A risk-averse simulation-based optimization approach is developed. The approach achieves an average optimality gap of 0.45 . A risk-averse decision maker tends to use more workforce capacity. Abstract: We model a maintenance system consisting of one repair facility, where repairables are kept on inventory to serve assets to prevent downtime and increase availability. We seek optimal values of the repairable spare parts stocks and workforce capacity in the repair facility. Further, we simultaneously search for the best repair scheduling rule that minimizes total inventory holding and backorder costs associated with the downtime of assets. The joint optimization problem under study brings about two additional challenges: (i) the difficulty of analyzing such systems due to the lack of analytical (i.e., queuing) models, and (ii) the difficulty in incorporating the decision maker's risk attitude regarding uncertainties. We develop a risk-averse simulation-based optimization approach, in which the decision maker's risk attitude is modeled as a trade-off between the expected and the worst-case costs in the objective function. In the developed approach, the repairable spare part supply system is analyzed with a discrete-event simulation (DES) model. The DES model is coupled with an improved reduced variableHighlights: A joint maintenance planning problem is modelled and solved under uncertainty. The decision maker's risk attitude is incorporated into the objective function. A risk-averse simulation-based optimization approach is developed. The approach achieves an average optimality gap of 0.45 . A risk-averse decision maker tends to use more workforce capacity. Abstract: We model a maintenance system consisting of one repair facility, where repairables are kept on inventory to serve assets to prevent downtime and increase availability. We seek optimal values of the repairable spare parts stocks and workforce capacity in the repair facility. Further, we simultaneously search for the best repair scheduling rule that minimizes total inventory holding and backorder costs associated with the downtime of assets. The joint optimization problem under study brings about two additional challenges: (i) the difficulty of analyzing such systems due to the lack of analytical (i.e., queuing) models, and (ii) the difficulty in incorporating the decision maker's risk attitude regarding uncertainties. We develop a risk-averse simulation-based optimization approach, in which the decision maker's risk attitude is modeled as a trade-off between the expected and the worst-case costs in the objective function. In the developed approach, the repairable spare part supply system is analyzed with a discrete-event simulation (DES) model. The DES model is coupled with an improved reduced variable neighborhood search (IRVNS) meta-heuristic that seeks the optimal values of decision variables. We compare the performance of the proposed risk-averse simulation-based optimization approach with several plausible benchmark methods commonly used in practice and with well-known meta-heuristic algorithms. … (more)
- Is Part Of:
- Reliability engineering & system safety. Volume 204(2020)
- Journal:
- Reliability engineering & system safety
- Issue:
- Volume 204(2020)
- Issue Display:
- Volume 204, Issue 2020 (2020)
- Year:
- 2020
- Volume:
- 204
- Issue:
- 2020
- Issue Sort Value:
- 2020-0204-2020-0000
- Page Start:
- Page End:
- Publication Date:
- 2020-12
- Subjects:
- Maintenance planning -- Spare parts inventories -- Repair priority -- Risk-aversion -- Simulation-based optimization -- Variable neighborhood search
Reliability (Engineering) -- Periodicals
System safety -- Periodicals
Industrial safety -- Periodicals
Fiabilité -- Périodiques
Sécurité des systèmes -- Périodiques
Sécurité du travail -- Périodiques
620.00452 - Journal URLs:
- http://www.sciencedirect.com/science/journal/09518320 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.ress.2020.107199 ↗
- Languages:
- English
- ISSNs:
- 0951-8320
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 7356.422700
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 14730.xml