Companies with large equipment expenses (such as factories, or transportation firms with planes, trains, or automobiles) need to get maintenance right. Proper maintenance can keep expensive, highly specialized machinery running efficiently and even extend the lifespan of the equipment.
Maintenance comes at a cost, however, as it requires materials and staff time, while also removing the machinery from operation. Firms must schedule maintenance to protect their investments while maintaining productivity.
Mathematical optimization can streamline maintenance scheduling by identifying the most efficient and cost-effective way to plan and execute maintenance activities.
Maintenance scheduling helps companies plan when to perform maintenance on each machine to optimize their particular goals. Depending on the company’s priorities, they may schedule maintenance to maximize profits, minimize costs, or maximize the lifespan of the equipment.
When companies attempt to optimize maintenance scheduling, they may encounter several common challenges. These include:
While companies could employ one of several maintenance scheduling strategies, mathematical optimization has several strengths in addressing this issue. Mathematical optimization can:
While many industries can benefit from optimized maintenance scheduling, the ones that gain the most from this approach are equipment-heavy firms. This includes:
Software company Polymathian leveraged Gurobi to help a complex, multi-user mining supply chain operation navigate a complex but optimized scheduling strategy. This increased their efficiency by 10-30%.
To learn more about how Gurobi-powered optimization can support your maintenance scheduling, check out more of our customer case studies.
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