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Inventory Management of a Plant Spare Parts Supply Chain

ZHANG Ping ZHOU Zu-de CHEN You-ping NI Long-yu

国际设备工程与管理(英文版)2007,Vol.12Issue(4):241-246,6.
国际设备工程与管理(英文版)2007,Vol.12Issue(4):241-246,6.

Inventory Management of a Plant Spare Parts Supply Chain

Inventory Management of a Plant Spare Parts Supply Chain

ZHANG Ping 1ZHOU Zu-de 1CHEN You-ping 1NI Long-yu1

作者信息

  • 1. School of Mechanical Science and Engineering,Huazhong University of Science and Technology,Wuhan 430070,P.R.China
  • 折叠

摘要

Abstract

In spare parts industries, firms are dealing with a situation which is more and more uncertain due to the supply chain structure and variable demands. This paper presents a Bayesian approach to forecast demand and subsequently determine the appropriate parameter S of an (S - 1; S) inventory system for controlling plant spare parts. We apply the Bayesian approach in an innovative way to specify the initial prior distributions of the failure rates, using the initial estimates and the failure history of similar items. According to the proposed method, a lower base stock than the one currently used is sufficient to achieve the desired service level.

关键词

spare parts/supply chain/inventory control/Bayesian analysis

Key words

spare parts/supply chain/inventory control/Bayesian analysis

分类

管理科学

引用本文复制引用

ZHANG Ping,ZHOU Zu-de,CHEN You-ping,NI Long-yu..Inventory Management of a Plant Spare Parts Supply Chain[J].国际设备工程与管理(英文版),2007,12(4):241-246,6.

国际设备工程与管理(英文版)

1007-4546

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