Description: Spare Parts Inventory Control under System Availability Constraints Please note: this item is printed on demand and will take extra time before it can be dispatched to you (up to 20 working days). Author(s): Geert-Jan van Houtum, Bram Kranenburg Format: Hardback Publisher: Springer-Verlag New York Inc., United States Imprint: Springer-Verlag New York Inc. ISBN-13: 9781489976086, 978-1489976086 Synopsis 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). 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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Location: Aldershot
End Time: 2025-01-21T11:44:56.000Z
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Book Title: Spare Parts Inventory Control under System Availability Constr...
Number of Pages: 215 Pages
Language: English
Publication Name: Spare Parts Inventory Control under System Availability Constraints
Publisher: Springer-Verlag New York Inc.
Publication Year: 2015
Subject: Engineering & Technology, Management
Item Height: 235 mm
Item Weight: 5155 g
Type: Textbook
Author: Bram Kranenburg, Geert-Jan Van Houtum
Subject Area: Data Analysis
Series: International Series in Operations Research & Management Science
Item Width: 155 mm
Format: Hardcover