Optimal continuous review policies for spare part provisioning with random lead times

International Journal of Production Economics

Volumn 55, Issue 3, 1998, Pages 257-271

  Shibuya, Takeshi ^a   Dohi, Tadashi ^a   Osaki, Shunji ^a  

^a HIROSHIMA UNIVERSITY   (Japan)

Author keywords

Continuous review; Expedited order; Optimal ordering policy; Random lead time; Spare part provisioning

Indexed keywords

INDUSTRIAL ECONOMICS; INVENTORY CONTROL; MATHEMATICAL MODELS; NUMERICAL ANALYSIS; OPTIMIZATION; RANDOM PROCESSES;

EXPEDITED ORDER; OPTIMAL ORDERING POLICY; RANDOM LEAD TIMES; SPARE PARTS PROVISIONING;

JUST IN TIME PRODUCTION;

EID: 0348201541     PISSN: 09255273     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0925-5273(98)00065-6     Document Type: Article

References (20)

1. G. Hadley, T.M. Whitin, Analysis of Inventory Systems, Prentice-Hall, Englewood Cliffs, NJ, 1963.
2. S.G. Allen, D.A. D'Esopo, An ordering policy for stock items when delivery can be expedited, Operations Research 16 (1968) 880-883.
3. E.W. Barankin, A delivery-lag inventory model with an emergency provision, Naval Research Logistics Quarterly 8 (1961) 285-311.
4. M. Rosenshine, D. Obee, Analysis of a standing order inventory system with emergency orders, Operations Research 24 (1976) 1143-1155.
5. K. Moinzadeh, S. Nahmias, A continuous review model for an inventory system with two supply modes, Management Science 34 (1988) 761-773.
6. L.C. Thomas, S. Osaki, An optimal ordering policy for a spare unit with lead time, European Journal of Operational Research 2 (1978) 409-419.
7. L.C. Thomas, S. Osaki, A note on ordering policy, IEEE Transactions on Reliability R-27 (1978) 380-381.
8. T. Nakagawa, S. Osaki, Optimum ordering policies with lead time for an operating unit, R.A.I.R.O. Recherche opėrationnelle/Operations Research 12 (1978) 383-393.
9. D. Acharya, G. Nagabhuschanam, S.S. Alam, Jointly optimal block-replacement and spare provisioning policy, IEEE Transactions on Reliability R-35 (1986) 447-451.
10. A.M. Al-Bahi, Spare provisioning policy based on maximization of availability per cost ratio, Computers and Industrial Engineering 24 (1993) 81-90.
11. S. Kalpakam, M.A. Shahul Hameed, Optimum ordering policies with random lead times, Microelectronics and Reliability 21 (1981) 737-741.
12. K.S. Park, Y.T. Park, Ordering policies under minimal repair, IEEE Transactions on Reliability R-35 (1986) 82-84.
13. Y.T. Park, K.S. Park, Generalized spare ordering policies with random lead time, European Journal of Operational Research 23 (1986) 320-330.
14. C.S. Sung, C.H. Kim, Optimum ordering policy under random lead-time for equipment with a sensor, IEEE Transactions on Reliability R-36 (1987) 467-469.
15. N. Kaio, S. Osaki, Optimal ordering policies with two types of randomized lead times, Computers and Mathematics with Applications 19 (1990) 43-52.
16. R.E. Barlow, F. Proschan, Mathematical Theory of Reliability, Wiley, New York, 1965.
17. T. Dohi, N. Kaio, S. Osaki, Continuous review cyclic inventory models with expedited order, Journal of the Operations Research Society of Japan 38 (1995) 212-229.
18. T. Dohi, N. Kaio, S. Osaki, Optimizing monitoring times in a continuous review cyclic inventory system, IMA Journal of Mathematics Applied in Business and Industry 6 (1995) 223-237.
19. S. Osaki, Applied Stochastic System Modeling, Springer, New York, 1992.
20. S. Karlin, H.M. Taylor, A Second Course in Stochastic Processes, Academic Press, New York, 1981.