A heuristic to minimize the inventory value of repairable parts with service constraints: application to an airline company
Visualitza/Obre
Estadístiques de LA Referencia / Recolecta
Inclou dades d'ús des de 2022
Cita com:
hdl:2099/13994
Tipus de documentArticle
Data publicació2013-07
EditorSchool of Industrial and Aeronautic Engineering of Terrassa (ETSEIAT). Universitat Politècnica de Catalunya (UPC)
Condicions d'accésAccés obert
Llevat que s'hi indiqui el contrari, els
continguts d'aquesta obra estan subjectes a la llicència de Creative Commons
:
Reconeixement-NoComercial 3.0 Espanya
Abstract
Purpose: This paper focuses on the improvement of the inventory management of repairable parts of the airline company Air Nostrum. The company uses a common sales replacement policy to manage their repairable parts and the same target fill rate for every item. This target is very high in order to assure a high availability of the aircrafts, dealing also to a high inventory value.
Design/methodology/approach: However, this paper shows that an alternative heuristic approach outperforms the previous one terms of inventory value while fulfilling the target fill rate.
Findings and Originality/value: This improvement is illustrated with an extensive and real dataset and may lead to a significant inventory reduction.
Originality/value: Therefore, a company can design its inventory policies applying this heuristic focused on inventory reduction with a service level constraint instead of the usual cost optimization or service level fulfillment.
CitacióCardós, Manuel [et al.]. A heuristic to minimize the inventory value of repairable parts with service constraints: application to an airline company. "Journal of Industrial Engineering and Management", Juliol 2013, vol. 6, núm. 3, p. 771-778.
Dipòsit legalB-28744-2008
ISSN2013-0953
Fitxers | Descripció | Mida | Format | Visualitza |
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Manuel Cardos.pdf | 346,3Kb | Visualitza/Obre |