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Joint optimisation of inspection maintenance and spare parts provisioning: a comparative study of inventory policies using simulation and survey data

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  • Zahedi-Hosseini, Farhad
  • Scarf, Philip
  • Syntetos, Aris

Abstract

The demand for industrial plant spare parts is driven, at least in part, by maintenance requirements. It is therefore important to jointly optimise planned maintenance and the associated spare parts inventory using the most appropriate maintenance and replenishment policies. In this simulation-based study, we address this challenge in the context of the random failure of parts in service and the replacement of defective parts at inspections of period T. Inspections are modelled using the delay-time concept. A number of simultaneous periodic review and continuous review replenishment policies are compared. A paper making plant provides a real context for the presentation of our ideas. We survey practitioners working with such plant to collect real data that inform the values of parameters in the models. Our simulation results indicate that a periodic review policy with ordering that is twice as frequent as inspection is cost optimal in the context of the plant that we study. For the purpose of comparison, we also present and discuss the characteristics of the various policies considered.

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  • Zahedi-Hosseini, Farhad & Scarf, Philip & Syntetos, Aris, 2017. "Joint optimisation of inspection maintenance and spare parts provisioning: a comparative study of inventory policies using simulation and survey data," Reliability Engineering and System Safety, Elsevier, vol. 168(C), pages 306-316.
    • Handle: RePEc:eee:reensy:v:168:y:2017:i:c:p:306-316
    DOI: 10.1016/j.ress.2017.03.007
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    References listed on IDEAS

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    3. Turan, Hasan Hüseyin & Atmis, Mahir & Kosanoglu, Fuat & Elsawah, Sondoss & Ryan, Michael J., 2020. "A risk-averse simulation-based approach for a joint optimization of workforce capacity, spare part stocks and scheduling priorities in maintenance planning," Reliability Engineering and System Safety, Elsevier, vol. 204(C).
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    6. Yan, Tao & Lei, Yaguo & Wang, Biao & Han, Tianyu & Si, Xiaosheng & Li, Naipeng, 2020. "Joint maintenance and spare parts inventory optimization for multi-unit systems considering imperfect maintenance actions," Reliability Engineering and System Safety, Elsevier, vol. 202(C).
    7. Zhang, Jian-Xun & Du, Dang-Bo & Si, Xiao-Sheng & Hu, Chang-Hua & Zhang, Han-Wen, 2021. "Joint optimization of preventive maintenance and inventory management for standby systems with hybrid-deteriorating spare parts," Reliability Engineering and System Safety, Elsevier, vol. 214(C).
    8. Wang, Jingjing & Qiu, Qingan & Wang, Huanhuan, 2021. "Joint optimization of condition-based and age-based replacement policy and inventory policy for a two-unit series system," Reliability Engineering and System Safety, Elsevier, vol. 205(C).
    9. Wu, Shaomin & Do, Phuc, 2017. "Editorial," Reliability Engineering and System Safety, Elsevier, vol. 168(C), pages 1-3.
    10. Wang, Jingjing & Wang, Zongxi & Zheng, Rui, 2021. "Optimal inventory policy for a balanced system subject to hard failure," Reliability Engineering and System Safety, Elsevier, vol. 216(C).
    11. Jan Block & Alireza Ahmadi & Xun Xiao & Uday Kumar, 2019. "Spares provisioning strategy for periodically replaced units within the fleet retirement period," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 10(3), pages 299-315, June.
    12. de Jonge, Bram & Scarf, Philip A., 2020. "A review on maintenance optimization," European Journal of Operational Research, Elsevier, vol. 285(3), pages 805-824.
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    14. Scarf, P.A. & Cavalcante, C.A.V. & Lopes, R.S., 2019. "Delay-time modelling of a critical system subject to random inspections," European Journal of Operational Research, Elsevier, vol. 278(3), pages 772-782.

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