Abstract
In this paper, we deal with the problem of joint maintenance and production under a withdrawal right constraints. The manufacturing system consists of a machine M that produces a single product in order to satisfy a random demand d under given service level constraint. We first establish an optimal production plan which minimizes the total inventory and production cost taking into consideration the withdrawal right constraints. Secondly, using this optimal production plan we derive an optimal maintenance plan which minimizes the total maintenance cost. Finally, a numerical example is studied in order to apply the developed approach.
Keywords: Random Demand, Service Level, Stochastic Model, Withdrawal Right, Maintenance Strategy, Production Policy