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Title A hybrid simulation-based optimization framework supporting strategic maintenance development to improve production performance
ID_Doc 68240
Authors Linnéusson, G; Ng, AHC; Aslam, T
Title A hybrid simulation-based optimization framework supporting strategic maintenance development to improve production performance
Year 2020
Published European Journal Of Operational Research, 281, 2
DOI 10.1016/j.ejor.2019.08.036
Abstract Managing maintenance and its impact on business results is increasingly complex, calling for more advanced operational research methodologies to address the challenge of sustainable decision-making. This problem-based research has identified a framework of methods to supplement the operations research/management science literature by contributing a hybrid simulation-based optimization framework (HSBOF), extending previously reported research. Overall, it is the application of multi-objective optimization (MOO) with system dynamics (SD) and discrete-event simulation (DES) respectively which allows maintenance activities to be pinpointed in the production system based on analyzes generating less reactive work load on the maintenance organization. Therefore, the application of the HSBOF informs practice by a multiphase process, where each phase builds knowledge, starting with exploring feedback behaviors to why certain near-optimal maintenance behaviors arise, forming the basis of potential performance improvements, subsequently optimized using DES+FMOO in a standard software, prioritizing the sequence of improvements in the production system for maintenance to implement. Studying literature on related hybridizations using optimization the proposed work can be considered novel, being based on SD+MOO industrial cases and their application to a DES+MOO software. (C) 2019 Elsevier B.V. All rights reserved.
Author Keywords Problem structuring; Decision support; System dynamics; Multi-objective optimization; Discrete-event simulation
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:000497593000012
WoS Category Management; Operations Research & Management Science
Research Area Business & Economics; Operations Research & Management Science
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