A Spare Parts Stocking Policy Based on Equipment Criticality
Erasmus University Rotterdam Working Paper No. 9625/A
Posted: 30 Apr 1998
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: 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
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