The Determination of High Cost and Low Cost Spare Parts by Using the Comparison between EOQ Model and Lot-for-Lot Inventory Model: A Case Study of Slow Moving Item
Basically, EOQ inventory model is well known approach using for arrangement of spare parts stocking policy. But EOQ model cannot be used for explanation about the separation between high and low cost material that is not available to be the reference boundary between high and low. Thus, the interesting of the separation between high and low cost spare part will be issued in order to fulfill this niche. Meaningfully, this is the study of finding the representative line which is used for classifying either high or low cost spare part. The aftermath of this result can be in accordingly applied to the inventory model until entirely reduced parts as zero inventories. Furthermore, the case study is emphasized and thought by based on slow moving item. And the extension of EOQ model will be applied in order to meet discrete demand.
invntory maintenance spare parts slow moving EOQ model lot for lot
Sakon WONGMONGKOLRIT Bordin RASSAMEETHES
International Graduate Program Industrial Engineering Faculty of Engineering Kasetsart University Ba Department of Operations Management Faculty of Business Administration Kasetsart University Bangkhen
国际会议
西安
英文
121-127
2011-06-17（万方平台首次上网日期，不代表论文的发表时间）