OPTIMAL MAINTENANCE OPERATIONS USING A RFID-BASED MONITORING SYSTEM
- Authors
- Park, Sangjun; Hong, Ki-sung; Lee, Chulung
- Issue Date
- 2015
- Publisher
- UNIV CINCINNATI INDUSTRIAL ENGINEERING
- Keywords
- rfid; maintenance operation; value of information; risk reverse attitude
- Citation
- INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING-THEORY APPLICATIONS AND PRACTICE, v.22, no.1, pp.117 - 125
- Indexed
- SCIE
SCOPUS
- Journal Title
- INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING-THEORY APPLICATIONS AND PRACTICE
- Volume
- 22
- Number
- 1
- Start Page
- 117
- End Page
- 125
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/96366
- ISSN
- 1072-4761
- 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.
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Collections - College of Engineering > School of Industrial and Management Engineering > 1. Journal Articles
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