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proposed model gives better solutions than those where the maintenance cost to the lessor and the production inventory cost to … of preventive maintenance actions and the optimal size of buffer stock for a production unit that is owned by a lessor … numerical procedure is developed for finding the optimal period of preventive maintenance actions and the optimal size of buffer …
Persistent link: https://www.econbiz.de/10011921415
Purpose: This manuscript explores the link between Spare Parts Management and Total Costs of Ownership or Life Cycle Costs (LCC). Design/methodology/approach: First, this work enumerates the different managerial decisions instances in spare parts management that are present during the life cycle...
Persistent link: https://www.econbiz.de/10011919486
Purpose: This paper focuses on the improvement of the inventory management of repairable parts of the airline company … high inventory value. Design/methodology/approach: However, this paper shows that an alternative heuristic approach … outperforms the previous one terms of inventory value while fulfilling the target fill rate. Findings and Originality/value: This …
Persistent link: https://www.econbiz.de/10011902782
emergency maintenance station in priority sequence, this paper presented emergency response time and demand satisfaction …
Persistent link: https://www.econbiz.de/10011914542
preventive maintenance (PM) for a system that can produce multiple products alternately. The objective is to find the optimal … cycle, beyond production time we also consider some reserve time for maintenance and setup, shortage and overproduction may … and maintenance schedule share the same system, and traditional research about two activities is separated, that always …
Persistent link: https://www.econbiz.de/10011920178
Purpose: One challenge in inventory control models is to know the stock available at the beginning of the cycle to … satisfy future demands, i.e. to know the on-hand stock levels at order delivery. For inventory managers, this knowledge is … necessary to both determine service levels and establish the control parameters of the inventory policy. However, the …
Persistent link: https://www.econbiz.de/10012421490
Purpose: The objective of this research was to implement new inventory management in a footwear company through the … analysis of indicators obtained from inventory data collection. Design/methodology/approach: The methods of ABC analysis …, demand forecasting, safety stock, reorder point and economic order quantity were applied. The items in inventory were …
Persistent link: https://www.econbiz.de/10012503306
Purpose: The purpose of this paper to develop an inventory model for instantaneous deteriorating items with the … cost & demand rate both are linear function of time which was treated as constant in most of the deteriorating inventory … model. Design/methodology/approach: Developed the mathematical equation of deterministic deteriorating inventory model in …
Persistent link: https://www.econbiz.de/10011901738
transport and inventory into account. Then it solves the model by calculating the values of order quantity, carbon footprint and …
Persistent link: https://www.econbiz.de/10011904612
the fixed order quantity inventory policy in various sites at multiple periods. Design/methodology/approach: In forward … supply chain, a standard inventory policy can be followed when the product moves from manufacturer, distributer, retailer and … customer but the inventory in the reverse supply chain of the product with the similar standard policy is very difficult to …
Persistent link: https://www.econbiz.de/10011919988