Control Algorithm For Optimal Spare Part Inventory

This study explores the possibility of getting a pragmatic solution for a spare parts management issue where 'too little" or "too many" come into picture. A company faces challenges in either scenario, and sensible solution which strike the balance between "too little"...

Full description

Saved in:
Bibliographic Details
Main Author: Yek, Siew Huat
Format: Thesis
Published: 2005
Subjects:
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This study explores the possibility of getting a pragmatic solution for a spare parts management issue where 'too little" or "too many" come into picture. A company faces challenges in either scenario, and sensible solution which strike the balance between "too little" and "too many" is crucial, and it is the focus of this study in this thesis.