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Two Dimensional Maintenance Contracts for A Fleet of Dump Trucks Used in Mining Industry
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Abstract.
In this paper, we study two dimensional maintenance contracts for a fleet of dump trucks operated in a mining industry. The two-dimensional contract is charaterised by two parameters (i.e. age and usage limits) which define a region. Two different shapes of the contract region are studied, where one region favors the customer, and the other the service provider. The maintenance service contracts studied is the performance based contract which offers incentives to motivate a service provider (an agent) to increase the equipment’s performance beyond the target. This in turn gives benefit for both the owner of the trucks and the agent of service contract. The decision problem under study is that an agent offers several two dimensional service contract options and the owner of the trucks has to select the optimal option. We use a Nash game theory formulation in order to obtain a win-win solution – i.e. the optimal strategy (pricing structure) for the agent and the optimal option for the owner.
U. S. Pasaribu - Personal Name
H. Husniah - Personal Name
B. P. Iskandar - Personal Name
A. Cakravastia - Personal Name
H. Husniah - Personal Name
B. P. Iskandar - Personal Name
A. Cakravastia - Personal Name
658 HEN a
600
Text
Indonesia
Trans Tech Publications
2014
Switzerland
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APA Citation
U. S. Pasaribu. (2014).Two Dimensional Maintenance Contracts for A Fleet of Dump Trucks Used in Mining Industry.(Electronic Thesis or Dissertation). Retrieved from https://localhost/etd