Inventory pooling of repairable spare parts with non-zero lateral transshipment time and delayed lateral transshipments

Inventory pooling of repairable spare parts with non-zero lateral transshipment time and delayed lateral transshipments

0.00 Avg rating0 Votes
Article ID: iaor20061518
Country: Netherlands
Volume: 165
Issue: 1
Start Page Number: 207
End Page Number: 218
Publication Date: Aug 2005
Journal: European Journal of Operational Research
Authors: , ,
Keywords: markov processes
Abstract:

In this paper, we develop an analytical model to estimate several performance measures in a single-item, multi-company, repairable inventory system where complete pooling of stock is permitted among the companies. Compared to previous research, this paper is different in that both non-zero lateral transshipment time and delayed lateral transshipments are considered in the model. We model the system as a multi-dimensional Markovian problem and solve it using a two-stage solution method. The proposed method is very accurate and computationally efficient.

Reviews

Required fields are marked *. Your email address will not be published.