Optimization models for critical spare parts inventories-a reliability approach - Louit, D; Pascual, R; Banjevic, D; Jardine, A K S (The Journal of the Operational Research Society, 2011)
Keywords: Applied sciences; Approximation; Business and Management; Carrying costs; Case studies; Case-oriented Paper; Case-oriented Papers; Component parts; Cost estimates; Costs; Exact sciences and technology; Failure; Inventories; Inventory; Inventory control; Inventory control, production control. Distribution; Inventory management; Management; Minimization of cost; Musical intervals; non-repairable parts; Operational research and scientific management; Operational research. Management science; Operations research; Operations Research/Decision Theory; Optimization; Poisson process; Preventive maintenance; Random variables; Reliability theory. Replacement problems; repairable parts; Spare parts; stochastic processes; Studies; Transformers; Unit costs; repairable parts; inventory; stochastic processes; non-repairable parts; spare parts; Availability; Cost minimization; Probabilistic approach; Finance; Durability; Capital; Stochastic process; Modeling; Optimization; Mining; Spare part; Expenditure; Inventory control; Achievement; Reliability; Risk management; Repair