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We consider a two-echelon, continuous review inventory system under Poisson demand and a one-for-one replenishment policy. Demand is lost if no items are available at the local warehouse, the central depot, or in the pipeline in between. We give a simple, fast and accurate approach to...
Persistent link: https://www.econbiz.de/10010871186
Manufacturers supplying products under warranty need a strategy to deal with failures during the warranty period: repair the product or replace it by a new one, depending on e.g. age and/or usage of the failed product. An (implicit) assumption in virtually all models is that new products to...
Persistent link: https://www.econbiz.de/10010588360
In this paper we analyze the interval availability of a two-echelon, multi-item spare part inventory system. We consider a scenario inspired by a situation that we encountered at Thales Netherlands, a manufacturer of naval sensors and naval command and control systems. Modeling the complete...
Persistent link: https://www.econbiz.de/10010662530
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