Base stock level determination for high cost low demand critical repairable spares

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Article ID:	iaor19942122
Country:	United Kingdom
Volume:	21
Issue:	4
Start Page Number:	411
End Page Number:	420
Publication Date:	Apr 1994
Journal:	Computers and Operations Research
Authors:	Schmidt Charles P., Miller David M., Dhakar Tej S.
Keywords:	maintenance, repair & replacement

Abstract:

The paper presents an (S-1,S) policy with three modes of replenishment: normal repair orders, emergency repair orders, and the expediting of outstanding orders. A procedure based on simulation is described in order to determine the parameters of the replenishment policy: the base stock level S, the expediting level Ş, and the expediting threshold TÅ0. The application of this procedure to a á

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