A network approach modeling of multi-echelon spare-part inventory system with backorders and quantity discount

One of the most important aspects of multi-echelon inventory management deals with spare part; because, in the real world, it is more economic to repair equipment than change them. Also, it is possible, when more spare parts bought from an external supplier; seller gives quantity discount for all un...

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Veröffentlicht in:Annals of operations research 2015-03, Vol.226 (1), p.551-563
Hauptverfasser: Samouei, Parvaneh, Kheirkhah, Amir Saman, Fattahi, Parviz
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creator Samouei, Parvaneh
Kheirkhah, Amir Saman
Fattahi, Parviz
description One of the most important aspects of multi-echelon inventory management deals with spare part; because, in the real world, it is more economic to repair equipment than change them. Also, it is possible, when more spare parts bought from an external supplier; seller gives quantity discount for all units. So, this paper considers a multi-echelon spare-part inventory system with backorders and quantity discount of external suppliers. Furthermore, a network approach is applied for modeling and solving these problems. Numerical example shows the efficiency of this algorithm.
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subjects Algorithms
Approximation
Backorders
Business and Management
Combinatorics
Component parts
Cost control
Discounts
Inventories
Inventory
Inventory control
Inventory management
Mathematical models
Methods
Networks
Operations research
Operations Research/Decision Theory
Pipelines
Spare parts
Stockpiling
Studies
Suppliers
Theory of Computation
Volume discount
title A network approach modeling of multi-echelon spare-part inventory system with backorders and quantity discount
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