An inventory control system for spare parts at a refinery: An empirical comparison of different re-order point methods
نویسندگان
چکیده
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 proposes a methodology 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.
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ورودعنوان ژورنال:
- European Journal of Operational Research
دوره 184 شماره
صفحات -
تاریخ انتشار 2008