EconPapers    
Economics at your fingertips  
 

Data-Driven Integrated Production and Maintenance Optimization

Anita Regler ()
Additional contact information
Anita Regler: TUM School of Management, TechnicalUniversityMunich

A chapter in Operations Research Proceedings 2019, 2020, pp 43-49 from Springer

Abstract: Abstract We propose a data-driven integrated production and maintenance planning model, where machine breakdowns are subject to uncertainty and major sequence-dependent setup times occur. We address the uncertainty of breakdowns by considering various covariates and the combinatorial problem of sequence-dependent setup times with an asymmetric Traveling Salesman Problem (TSP) approach. The combination of the TSP with machine learning optimizes the production planning, minimizing the non-value creating time in production and thus, overall costs. A data-driven approach integrates prediction and optimization for the maintenance timing, which learns the influence of covariates cost-optimal via a mixed integer linear programming model. We compare this approach with a sequential approach, where an algorithm predicts the moment of machine failure. An extensive numerical study presents performance guarantees, the value of data incorporated into decision models, the differences between predictive and prescriptive approaches and validates the applicability in practice with a runtime analysis. We show the model contributes to cost savings of on average 30% compared to approaches not incorporating covariates and 18% compared to sequential approaches. Additionally, we present regularization of our prescriptive approach, which selects the important features, yielding lower cost in 80% of the instances.

Keywords: Data-driven optimization; Traveling salesman problem; Prescriptive analytics; Condition-based maintenance; Machine learning (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-030-48439-2_6

Ordering information: This item can be ordered from
http://www.springer.com/9783030484392

DOI: 10.1007/978-3-030-48439-2_6

Access Statistics for this chapter

More chapters in Operations Research Proceedings from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:spr:oprchp:978-3-030-48439-2_6