Optimal maintenance operations using a rfid-based monitoring system

Sangjun Park, Ki Sung Hong, Chulung Lee

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

A high-technology manufacturing operation requires extremely low levels of raw material shortage due to its critical manufacturing line down recovering cost. It is important to determine the replacement time of a raw material against any line down risk. We propose an RFID monitoring and investment decision system in the context of semiconductor raw material maintenance operation. This paper provides the framework of the RFID monitoring system, the mathematical model to calculate the optimal replenishment time, and the simulation model for the RFID investment decision under different risk attitude with an aggressive new supply notion of "Make to Consume." The simulation result presents that the frequency of replenishment increases and the value of the RFID monitoring system increases as the manufacturer's risk factor that reflects the degree of risk aversion reduction.

Original languageEnglish
Pages (from-to)117-125
Number of pages9
JournalInternational Journal of Industrial Engineering : Theory Applications and Practice
Volume22
Issue number1
Publication statusPublished - 2015 Jan 1

Keywords

  • Maintenance operation
  • Rfid
  • Risk reverse attitude
  • Value of information

ASJC Scopus subject areas

  • Industrial and Manufacturing Engineering

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