Determining of an Optimal Spares Stocking Policy with Reliability Improvement

  • Jun Hong Kim (Department of Industrial Engineering, SuWon University)
  • Published : 2000.05.01

Abstract

We present in this paper an optimal stocking policy for a repairable inventory system under reliability improvement. For this purpose we illustrate commercial flight lines with a large number of planes. This model is supported by a central repair facility. For modeling the nonstationary M/M/s system we implemented SIMAN for computing the time dependent number of units in the repair facility with any number of units. In this model we provide the required inventory level at each location. 1y month. for various levels of associated stock-out risk.

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