Journal of Korean Society for Quality Management (품질경영학회지)

Korean Society for Quality Management (한국품질경영학회)
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Joint Optimization of Age Replacement and Spare Provisioning Policy

수명교체와 예비품 재고 정책의 통합 최적화

  • 임성욱 (대진대학교 산업경영공학과) ;
  • 박영택 (성균관대학교 시스템경영영공학과)
  • Received : 2012.02.28
  • Accepted : 2012.03.23
  • Published : 2012.03.31
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Abstract

Joint optimization of preventive age replacement and inventory policy is considered in this paper. There are three decision variables in the problem: (i) preventive replacement age of the operating unit, (ii) order quantity per order and (iii) reorder point for spare replenishment. Preventive replacement age and order quantity are jointly determined so as to minimize the expected cost rate, and then the reorder point for meeting a desired service level is found. A numerical example is included to explain the joint optimization model.

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References

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