Optimization of the lubricating oil inventory policy applied in a mining company
Sign Up to like & getrecommendations! Published in 2021 at "International Journal of Mining, Reclamation and Environment"
DOI: 10.1080/17480930.2021.1876820
Abstract: ABSTRACT The mining industry should sustain mass and continuous production with an essential contribution of high-capacity machinery. Therefore, spare parts inventory management is vital in ensuring the intended mining production rate as an integral part… read more here.
Keywords: inventory policy; mining; oil inventory; lubricating oil ... See more keywords
Improved Dynamic PSO-Based Algorithm for Critical Spare Parts Supply Optimization Under (T, S) Inventory Policy
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DOI: 10.1109/access.2019.2948859
Abstract: This paper investigates the multi-period and multi-echelon spare parts supply optimization problem. The periodic review order-up-to-S inventory policy is considered to determine the supply timing and the spare parts consumption. The spare parts consumption in… read more here.
Keywords: optimization; supply optimization; parts supply; inventory policy ... See more keywords
Optimal inventory policy in a closed loop supply chain system with multiple periods
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Industrial Engineering and Management"
DOI: 10.3926/jiem.2205
Abstract: Purpose: This paper aims to model and optimize the closed loop supply chain for maximizing the profit by considering the fixed order quantity inventory policy in various sites at multiple periods. Design/methodology/approach: In forward supply… read more here.
Keywords: inventory policy; policy; supply chain; multiple periods ... See more keywords