Document Type
Peer-Reviewed Article
Publication Date
5-2003
Abstract
This study explores the traditional equipment maintain or replace decision under scenarios of increasing customer expectations, loss due to process deviation, and process drift. Customer expectations are operationalized by tighter product specifications. The Taguchi loss function is employed to estimate the loss due to target deviation. In this paper we characterize the machine drift, uncertainty about future technological change, and the learn-and-break-in process by a generalized Brownian-Motion-Ito-Process. The photolithography process is analyzed in numerous scenarios varying demand, rejection levels, and quality losses.
DOI
10.1080/07408170390187906
Recommended Citation
Marsh, R. F., & Nam, S-H. (2003). The impact of increasing user expectations on machine replacement. IIE Transactions, 35(5), 457-466. Doi: 10.1080/07408170390187906
Included in
Business Administration, Management, and Operations Commons, Organizational Behavior and Theory Commons
