Management Science · 1992 · 78 citations · 9 references
ManagementIndustrial EngineeringOperations ManagementInventory ControlInventory ManagementProduction PlanningInventory Control SystemsInventory Management SystemsInventory SystemsInventory TheoryMulti-echelon Inventory ManagementSpare Parts Inventory ManagementMulti-echelon Inventory StrategyPriority In InventorySpare Parts InventorySpare Parts Inventory ControlSpare Parts Inventory OptimizationSpare Parts PlanningTwo-echelon Inventory ControlTwo-echelon Inventory Systems
A two-echelon system for spare parts is analyzed. The system allows the use of priority inventory pooling to expedite service when a stock-out occurs. First, a tractable aggregate model is derived. This model is then disaggregated to approximate the performance of the exact system. Results of computer tests are also presented.
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