Proceedings of the International MultiConference on Engineering and Computer Scientists 2013 Vol II(IMECS'13)
abstract:In today environment, the Just-in-Time(JIT) systems have been widely applied in many enterprises. The JIT system features include small lots size and frequent deliveries, requirements high quantity, low inventory level, low set-up cost and low ordering cost. In the JIT supply chain environment, the companies have to cooperating the vendor and buyer by allying integrated inventory model to reduce the inventory level, and makes the optimal profit with all supply chain members. As for the high quantity requirements, it's necessary to keep whole production system in good condition. And for a good production system, the preventive maintenance(PM) strategy is needed. In the past inventory model research, the PM strategy rarely been considered in integrated inventory model. Hence, in this research we build an integrated inventory model with PM strategy, and develop algorithms to find the optimal solution.