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Optimization of Spare Parts Lot Size for Supply of Equipment’s Park

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Abstract

The model of stochastic optimization of inventory of nonrenewable spare parts for unreliable industrial equipment is studied. The processes of equipment’s work, its failures/renewals, and supply of spare parts are described in the terms of Markov drift process. The order points are assumed to be the moments of time when inventory level of spare parts at warehouse equals to zero. For manufacturing system “equipment park (production line)—warehouse of final product” the problem of optimum lot size of spare parts finding is formulated and analyzed (in steady-state regime).

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Correspondence to Mykhaylo Postan .

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© 2011 Springer -Verlag Berlin Heidelberg

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Morozova, I., Postan, M., Shyryaeva, L. (2011). Optimization of Spare Parts Lot Size for Supply of Equipment’s Park. In: Kreowski, HJ., Scholz-Reiter, B., Thoben, KD. (eds) Dynamics in Logistics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-11996-5_10

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  • DOI: https://doi.org/10.1007/978-3-642-11996-5_10

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-11995-8

  • Online ISBN: 978-3-642-11996-5

  • eBook Packages: EngineeringEngineering (R0)

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