A Spare Parts Stocking Policy Based on Equipment Criticality

Erasmus University Rotterdam Working Paper No. 9625/A

Posted: 30 Apr 1998

See all articles by Rommert Dekker

Rommert Dekker

Erasmus University, Rotterdam (EUR) - Erasmus School of Economics ; Econometric Institute; Erasmus University, Rotterdam (EUR) - Erasmus Research Institute of Management (ERIM) ; Tinbergen Institute Rotterdam

Marcel J. Kleijn

Erasmus University Rotterdam (EUR) - Department of Econometrics

Paul J. de Rooy

Erasmus University Rotterdam (EUR) - Department of Econometrics

Date Written: 1996

Abstract

Demand for spare parts can sometimes be classified into critical and non-critical demand, depending on the criticality of the equipment in which it is installed. To effectively handle this situation in spare parts inventory control, we propose a stocking policy where some of the stock is reserved for critical demand.

JEL Classification: D20, D21

Suggested Citation

Dekker, Rommert and Dekker, Rommert and Kleijn, Marcel J. and de Rooy, Paul J., A Spare Parts Stocking Policy Based on Equipment Criticality (1996). Erasmus University Rotterdam Working Paper No. 9625/A, Available at SSRN: https://ssrn.com/abstract=54900

Rommert Dekker

Erasmus University, Rotterdam (EUR) - Erasmus School of Economics ( email )

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HOME PAGE: http://www.few.eur.nl/few/people/rdekker/

Econometric Institute ( email )

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HOME PAGE: http://https://www.eur.nl/people/rommert-dekker

Erasmus University, Rotterdam (EUR) - Erasmus Research Institute of Management (ERIM)

P.O. Box 1738
3000 DR Rotterdam
Netherlands

Tinbergen Institute Rotterdam ( email )

P.O. Box 1738
3000 DR Rotterdam
Netherlands

Marcel J. Kleijn (Contact Author)

Erasmus University Rotterdam (EUR) - Department of Econometrics ( email )

P.O. Box 1738
3000 DR Rotterdam
Netherlands
31 10 4082524 (Phone)
31 10 4527746 (Fax)

Paul J. De Rooy

Erasmus University Rotterdam (EUR) - Department of Econometrics

P.O. Box 1738
3000 DR Rotterdam
Netherlands

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