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Books > Business & Economics > Business & management > Management & management techniques > Operational research
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Spare Parts Inventory Control under System Availability Constraints (Hardcover, 2015 ed.)
Loot Price: R4,065
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Spare Parts Inventory Control under System Availability Constraints (Hardcover, 2015 ed.)
Series: International Series in Operations Research & Management Science, 227
Expected to ship within 12 - 17 working days
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This book focuses on the tactical planning level for spare parts
management. It describes a series of multi-item inventory models
and presents exact and heuristic optimization methods, including
greedy heuristics that work well for real, life-sized problems. The
intended audience consists of graduate students, starting scholars
in the field of spare parts inventory control, and spare parts
planning specialists in the industry. In individual chapters the
authors consider topics including: a basic single-location model;
single-location models with multiple machine types and/or machine
groups; the multi-location model with lateral transshipments; the
classical METRIC model and its generalization to multi-indenture
systems; and a single-location model with an explicit modeling of
the repair capacity for failed parts and the priorities that one
can set there. Various chapters of the book are used in a master
course at Eindhoven University of Technology and in a PhD course of
the Graduate Program Operations Management and Logistics (a Dutch
network that organizes PhD courses in the field of OM&L). The
required pre-knowledge consists of probability theory and basic
knowledge of Markov processes and queuing theory. End-of-chapter
problems appear for all chapters, with some answers appearing in an
appendix.
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