Authors
Eric Porras, Rommert Dekker
Publication date
2008/1/1
Journal
European Journal of Operational Research
Volume
184
Issue
1
Pages
101-132
Publisher
North-Holland
Description
Inventory control of spare parts is essential to many organizations, since excess inventory leads to high holding costs and stock outs can have a great impact on operations performance. This paper compares different re-order point methods for effective spare parts inventory control, motivated by a case study at a large oil refinery. Different demand modeling techniques and inventory policies are evaluated using real data.
Total citations
Scholar articles
E Porras, R Dekker - European Journal of Operational Research, 2008