Critical spare parts ordering decisions using conditional reliability and stochastic lead time.
David R. GodoyRodrigo PascualPeter F. KnightsPublished in: Reliab. Eng. Syst. Saf. (2013)
Keyphrases
- lead time
- spare parts
- service level
- assembly systems
- supply chain
- inventory management
- total cost
- cold standby
- periodic review
- decision making
- single item
- lot sizing
- inventory control
- inventory policy
- inventory systems
- demand distributions
- single product
- planning horizon
- lost sales
- holding cost
- setup cost
- single stage
- inventory level
- call center
- utility function
- decision makers
- random variables
- ordering cost
- base stock policies
- supply chain management
- single period
- optimal control
- inventory models
- lot size