Multi-echelon, multi-indenture spare parts inventory control subject to system availability and budget constraints

• Published in: Reliability engineering & system safety Vol. 119; pp. 95 - 101
• Main Authors: Costantino, Francesco, Di Gravio, Giulio, Tronci, Massimo
• Format: Journal Article
• Language: English
• Published: Oxford Elsevier Ltd 01.11.2013; Elsevier
• Subjects: Aircraft maintenance; Applied sciences; Availability; Budgeting; Costs; Exact sciences and technology; Inventory control, production control. Distribution; Inventory controls; Inventory management; Marginal analysis method; Multi-echelon; Multi-indenture; Operational research and scientific management; Operational research. Management science; Reliability engineering; Reliability theory. Replacement problems; Shortages; Spare parts; Spare parts allocation; VARI-METRIC; Multi-indenture; Aircraft maintenance; Multi-echelon; Spare parts allocation; VARI-METRIC; Marginal analysis method; Backorder; Availability; Bilateral agreements; Maintenance; Fight aircraft; Modeling; Military application; Shortage; Warehousing; Multi item management; Spare part; Traffic management; Air traffic; Inventory control; Budget; Aircraft; Marginal cost

Inventory management of spare parts is one of the most critical issues in the aeronautical industry, given the required level of system availability related to the strategic importance and high stocking costs of the components. Even if a large number of spare parts increases warehousing costs, every...