Optimal last stock of substitutive service parts

Autor:	Lin Quan, Qi-cai Li
Rok vydání:	2015
Předmět:	Type of service Engineering drawing Mathematical optimization Multidisciplinary Optimization problem Expected cost Computer science Total cost Product substitution Stock (geology)
Zdroj:	Journal of Shanghai Jiaotong University (Science). 20:752-757
ISSN:	1995-8188 1007-1172
Popis:	This paper focuses on the last stock problem of substitutive service parts, which is a hot problem in practice. Considering that a firm faces two types of service parts with a certain substitution coefficient, we study the optimization problem of minimizing the total expected cost. Using the non-linear programming theory and method, we find the optimal preserved quantities for the optimization problem. The relation between the product substitution characteristic and the total cost of service parts is analyzed. And an example is given to show the application of our model.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::a61b9366a80c7d91bee3d079f4f07514 https://doi.org/10.1007/s12204-015-1686-8 Zobrazit plný text záznamu Full text from SpringerLink