Introduction to operations research, 4th ed.
Introduction to operations research, 4th ed.
Modelling emergency lateral transshipments in inventory systems
Management Science
Optimal algorithm to determine the spare inventory level for a repairable-item inventory system
Computers and Operations Research
Optimization and parametric analysis of a multi-echelon system
ICOSSSE'10 Proceedings of the 9th WSEAS international conference on System science and simulation in engineering
A multi-class closed queueing maintenance network model with a parts inventory system
Computers and Operations Research
Hi-index | 0.01 |
This article concerns the problem of determining the optimal spare inventory level for a multiechelon repairable-item inventory system, which has several bases and a central depot. When an item fails, the failed item is replaced immediately if a spare is available at the base. If there is no spare item available at the base, it is requested as a lateral transshipment to another base that has a spare in stock. If an item is not available from any of the bases, the item is backordered until a spare becomes available. We propose a model to describe the behavior of the system and develop an algorithm to find the spare inventory level at each base, which minimizes the total expected cost of the system. The algorithm is illustrated using examples of various sizes.