Heuristics for multi-item two-echelon spare parts inventory control subject to aggregate and individual service measures

• Published in: European journal of operational research Vol. 256; no. 1; pp. 126 - 138
• Main Authors: Topan, Engin, Bayındır, Z. Pelin, Tan, Tarkan
• Format: Journal Article
• Language: English
• Published: Amsterdam Elsevier B.V 01.01.2017; Elsevier Sequoia S.A
• Subjects: Batch ordering; Component parts; Heuristic; Heuristics; Inventory; Inventory control; Multi-item; Operations research; Studies; Two-echelon; Warehouses; Multi-item; Two-echelon; Batch ordering; Heuristics; Inventory

•A computationally efficient, asymptotically optimal heuristic.•An asymptotically tight lower bound.•A new, hybrid approach containing the system and item approach, as special cases.•Sequential procedure performs poorly for multi-item systems. We consider a multi-item two-echelon spare parts invento...