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An Application of Classical Inventory Analysis to a Spare Parts Inventory

Author

Listed:
  • A. Dale Flowers

    (Associate Professor of Production/Operations Management, Texas Tech University, Lubbock, Texas 79409)

  • James B. O'Neill

    (Plant Buyer, Devro, Incorporated, Lubbock, Texas)

Abstract

The maintenance of adequate spare parts inventories to insure continuous operation of capital intensive manufacturing facilities is an important objective for a practicing manager. In this application project, classical ABC analysis was used to analyze a spare parts inventory of a small but highly automated manufacturing facility in an effort to obtain better inventory control. The results have been implemented and have resulted in operating improvements.

Suggested Citation

  • A. Dale Flowers & James B. O'Neill, 1978. "An Application of Classical Inventory Analysis to a Spare Parts Inventory," Interfaces, INFORMS, vol. 8(2), pages 76-79, February.
    • Handle: RePEc:inm:orinte:v:8:y:1978:i:2:p:76-79
    DOI: 10.1287/inte.8.2.76
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