Spare parts inventory control under a fixed-term contract with a long-down constraint
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DOI: 10.1016/j.ijpe.2019.05.023
Abstract: We are interested in service contracts for spare parts. We introduce a new performance measure, XLD (extreme long down), that limits the number of deliveries that are later than an agreed threshold during the contract… read more here.
Keywords: base stock; spare parts; parts inventory; contract ... See more keywords
Rationing policies in a spare parts inventory system with customers differentiation
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DOI: 10.1080/00207543.2020.1811418
Abstract: We consider a spare parts inventory system controlled by a base-stock policy. We assume several demand classes, where the demands of each class follow a compound Poisson process, and a stochastic replenishment lead-time common to… read more here.
Keywords: spare parts; policy; inventory system; parts inventory ... See more keywords
Reduction of spare parts inventory through combined analysis technique - a case study in a public sector company in India
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DOI: 10.1504/ijsom.2017.10008463
Abstract: This paper addresses the inventory control which is one of the most important problems in operations research. Different types of inventory are addressed in the literature. Among them, spare parts inventory which play crucial role… read more here.
Keywords: technique; spare parts; analysis; parts inventory ... See more keywords