Preventive maintenance policy on leasing by considering the usage rate

The needs of the consumers about the functionality of a product and increase maintenance costs of equipment caused the prices of products and treatments to be expensive. Therefore, the company considers the lease rather than buy it. Leasing provides interesting strategy when dealing with expensive e...

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Main Authors: Jufriyanto Moh., Kurniati Nani, Supriatna Ade
Format: Article
Language:English
Published: EDP Sciences 2018-01-01
Series:MATEC Web of Conferences
Online Access:https://doi.org/10.1051/matecconf/201820402016
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spelling doaj-77d2ddd8cd66466d910478d47a0358dc2021-02-02T06:35:36ZengEDP SciencesMATEC Web of Conferences2261-236X2018-01-012040201610.1051/matecconf/201820402016matecconf_imiec2018_02016Preventive maintenance policy on leasing by considering the usage rateJufriyanto Moh.Kurniati NaniSupriatna AdeThe needs of the consumers about the functionality of a product and increase maintenance costs of equipment caused the prices of products and treatments to be expensive. Therefore, the company considers the lease rather than buy it. Leasing provides interesting strategy when dealing with expensive equipment. Policy maintenance that is done to the product that has decreased performance. Minimum repair done to fix failed equipment in order to return to operational condition, while imperfect preventive maintenance to improve the operational conditions of the equipment to avoid failure. Time duration for a minimum repair neglected. The lessor will charge a penalty (penalty cost) if the lease equipment failure. Mathematical model built for the minimization cost of maintenance policy. In the final part, the numerical experiment are given to show the maintenance policy taking into account the rate of usage (usage rate) by knowing the minimization the resulting costs.https://doi.org/10.1051/matecconf/201820402016
collection DOAJ
language English
format Article
sources DOAJ
author Jufriyanto Moh.
Kurniati Nani
Supriatna Ade
spellingShingle Jufriyanto Moh.
Kurniati Nani
Supriatna Ade
Preventive maintenance policy on leasing by considering the usage rate
MATEC Web of Conferences
author_facet Jufriyanto Moh.
Kurniati Nani
Supriatna Ade
author_sort Jufriyanto Moh.
title Preventive maintenance policy on leasing by considering the usage rate
title_short Preventive maintenance policy on leasing by considering the usage rate
title_full Preventive maintenance policy on leasing by considering the usage rate
title_fullStr Preventive maintenance policy on leasing by considering the usage rate
title_full_unstemmed Preventive maintenance policy on leasing by considering the usage rate
title_sort preventive maintenance policy on leasing by considering the usage rate
publisher EDP Sciences
series MATEC Web of Conferences
issn 2261-236X
publishDate 2018-01-01
description The needs of the consumers about the functionality of a product and increase maintenance costs of equipment caused the prices of products and treatments to be expensive. Therefore, the company considers the lease rather than buy it. Leasing provides interesting strategy when dealing with expensive equipment. Policy maintenance that is done to the product that has decreased performance. Minimum repair done to fix failed equipment in order to return to operational condition, while imperfect preventive maintenance to improve the operational conditions of the equipment to avoid failure. Time duration for a minimum repair neglected. The lessor will charge a penalty (penalty cost) if the lease equipment failure. Mathematical model built for the minimization cost of maintenance policy. In the final part, the numerical experiment are given to show the maintenance policy taking into account the rate of usage (usage rate) by knowing the minimization the resulting costs.
url https://doi.org/10.1051/matecconf/201820402016
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