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نوع المنشور

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المؤلفون

This paper aims at developing an effective

spare parts inventory management system at a local

Palestinian distributor having an agency for a certain

brand of auto spare parts. A set of spare parts is

considered in the analysis by firstly classifying them into

ABC classification based on real historical sales date.

Proper forecasting models are derived for each category

to estimate the future demand of each item. Then,

estimates of relevant costs are identified for each category

of spare parts items. Respective optimal ordering policies

(with optimal order quantities and optimal ordering

times) based on Economic Order Quantity (EOQ) models

are determined such that the total annual spare parts

inventory cost is minimized. A comparison with the

current ordering policies adopted by the distributor with

the ones obtained in by EOQ models is conducted where

the EOQ-based policies outperform the current

المجلة

العنوان: International Journal of Engineering Research And Management (IJERM), Volume-02, Issue-09, pp.11-20
الناشر: --
بلد الناشر: فلسطين
نوع المنشور: Both (Printed and Online)
المجلد: --
السنة: 2015
الصفحات: --