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Spare Parts Inventory Control under System Availability Constraints

  • Geert-Jan van Houtum
  • Bram Kranenburg

Part of the International Series in Operations Research & Management Science book series (ISOR, volume 227)

Table of contents

  1. Front Matter
    Pages i-xv
  2. Geert-Jan van Houtum, Bram Kranenburg
    Pages 1-10
  3. Geert-Jan van Houtum, Bram Kranenburg
    Pages 11-49
  4. Geert-Jan van Houtum, Bram Kranenburg
    Pages 51-70
  5. Geert-Jan van Houtum, Bram Kranenburg
    Pages 71-95
  6. Geert-Jan van Houtum, Bram Kranenburg
    Pages 97-125
  7. Geert-Jan van Houtum, Bram Kranenburg
    Pages 127-158
  8. Geert-Jan van Houtum, Bram Kranenburg
    Pages 159-183
  9. Geert-Jan van Houtum, Bram Kranenburg
    Pages 185-208
  10. Back Matter
    Pages 209-215

About this book

Introduction

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&L). 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.

Keywords

Capital Goods Commonality Lateral Transshipments Multi-Echelon System Multi-Location System Multiple Machine Types Service Differentiation Single-Location Inventory Model Spare Parts Management Static Repair Priorities Two Echelon System

Authors and affiliations

  • Geert-Jan van Houtum
    • 1
  • Bram Kranenburg
    • 2
  1. 1.Eindhoven University of TechnologyEindhovenThe Netherlands
  2. 2.Consultants in Quantitative Methods CQM B.V.EindhovenThe Netherlands

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4899-7609-3
  • Copyright Information Springer Science+Business Media New York 2015
  • Publisher Name Springer, Boston, MA
  • eBook Packages Business and Economics
  • Print ISBN 978-1-4899-7608-6
  • Online ISBN 978-1-4899-7609-3
  • Series Print ISSN 0884-8289
  • Series Online ISSN 2214-7934
  • Buy this book on publisher's site
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