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An optimal algorithm for repairable-item inventory system with depot spares

Author

Listed:
  • J-S Kim

    (Hanyang University)

  • K-C Shin

    (Republic of Korea Air Force)

  • S-K Park

    (Kap Woo Precision Co.)

Abstract

We consider the problem of determining the spare inventory level for a multiechelon repairable-item inventory system. Our model extends the previous results to the system, which has an inventory at the central depot, as well as at the bases. We have developed an algorithm to find the optimal spare inventory levels, which minimise the total expected cost and simultaneously satisfy a specified minimum service rate. The algorithm is illustrated using examples of various sizes.

Suggested Citation

  • J-S Kim & K-C Shin & S-K Park, 2000. "An optimal algorithm for repairable-item inventory system with depot spares," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 51(3), pages 350-357, March.
    • Handle: RePEc:pal:jorsoc:v:51:y:2000:i:3:d:10.1057_palgrave.jors.2600900
    DOI: 10.1057/palgrave.jors.2600900
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    Cited by:

    1. Toptal, Ayşegül, 2012. "Integration of shipment scheduling decisions for forward and reverse channels in a recoverable item system," International Journal of Production Economics, Elsevier, vol. 140(1), pages 129-137.
    2. de Smidt-Destombes, Karin S. & van der Heijden, Matthieu C. & van Harten, Aart, 2009. "Joint optimisation of spare part inventory, maintenance frequency and repair capacity for k-out-of-N systems," International Journal of Production Economics, Elsevier, vol. 118(1), pages 260-268, March.

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    Keywords

    repairable-item; optimal inventory level;

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