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Lease Contract with Availability Target and Price Discount
Husniah H.a, Wangsaputra R.b, Iskandar B.P.b
a Department of Industrial Engineering, Langlangbuana University, Bandung, Indonesia
b Department of Industrial Engineering, Bandung Institute of Technology, Bandung, Indonesia
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_separator css=”.vc_custom_1624529070653{padding-top: 30px !important;padding-bottom: 30px !important;}”][/vc_column_inner][/vc_row_inner][vc_row_inner layout=”boxed”][vc_column_inner width=”3/4″ css=”.vc_custom_1624695412187{border-right-width: 1px !important;border-right-color: #dddddd !important;border-right-style: solid !important;border-radius: 1px !important;}”][vc_empty_space][megatron_heading title=”Abstract” size=”size-sm” text_align=”text-left”][vc_column_text]© 2018 IEEE.A lease contract (LC) model for a fleet of dump truck with availability target is developed in this paper. Under this LC, the Iessor provides a maintenance service including preventive maintenance (PM) and corrective maintenance (CM) within the contract period, and offers a price discount if the Iessee leases for more than one equipment. To sustain high performance of the fleet, we proposed an availability target as performance of the LC. In addition, the Iessor gives some incentive in term of a price discount if the Iessee leases more dump trucks. The study is done from the Iessor’s viewed point and hence the decision problems of interest are to determine the tresshold between total cost and the price which is dependent on the fleet size. The optimal decisions are obtained to minimize the total cost. To illustrate the theory and optimal decisions, we provide numerical examples in the last section.[/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”Author keywords” size=”size-sm” text_align=”text-left”][vc_column_text]Corrective maintenance,Decision problems,fleet,Imperfect repair,Maintenance services,Optimal decisions,Preventive maintenance (pm),Price discount[/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”Indexed keywords” size=”size-sm” text_align=”text-left”][vc_column_text]Availability,fleet,imperfect repair,lease contract,preventive maintenance,price discount,production[/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”Funding details” size=”size-sm” text_align=”text-left”][vc_column_text][/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”DOI” size=”size-sm” text_align=”text-left”][vc_column_text]https://doi.org/10.1109/IEEM.2018.8607744[/vc_column_text][/vc_column_inner][vc_column_inner width=”1/4″][vc_column_text]Widget Plumx[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][/vc_column][/vc_row]