An Exact Solution Procedure for Multi-Item Two-Echelon Spare Parts Inventory Control Problem With Batch Ordering in the Central Warehouse

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Abstract

We consider a multi-item two-echelon inventory system in which the central warehouse operates under a (Q, R) policy, and the local warehouses implement basestock policy. An exact solution procedure is proposed to find the inventory control policy parameters that minimize the system-wide inventory holding and fixed ordering cost subject to an aggregate mean response time constraint at each facility. (C) 2010 Elsevier B.V. All rights reserved.

Description

Bayindir, Z. Pelin/0000-0002-8473-1382

Keywords

Inventory, Branch And Price, Two-Echelon, Multi-Item, Batch Ordering, Spare Parts, inventory, branch and price, multi-item, batch ordering, Inventory, storage, reservoirs, two-echelon, spare parts

Fields of Science

0211 other engineering and technologies, 0202 electrical engineering, electronic engineering, information engineering, 02 engineering and technology

Citation

Topan,E., Bayındır, Z.P., Tan,T. (2010). An exact solution procedure for multi-item two-echelon spare parts inventory control problem with batch ordering in the central warehouse. Operations Research Letters, 38(5), 454-461. http://dx.doi.org/10.1016/j.orl.2010.05.006

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28

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38

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5

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454

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461
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23

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4

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