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Single-Site Inventory Model for Repairable Items

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Optimal Inventory Modeling of Systems

Part of the book series: International Series in Operations Research & Management Science ((ISOR,volume 72))

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In this chapter we develop the basic model for a single operating base. Our objective is to develop a curve showing system availability for a fleet of aircraft as a function of optimal spares investment over a group of items. Our assumption here is that each item is equally important, and that a backorder for any item is equally serious in that an aircraft is grounded. Remember that a base backorder implies there is a “hole” in an aircraft when the items needed are all first-indenture items. We assume that cannibalization is not performed to consolidate backorders onto the smallest number of aircraft. (In Chapter 4 we relax the assumptions that all items are first-indenture and in Chapter 8 cannibalization is considered.)

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© 2004 Kluwer Academic Publishers

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(2004). Single-Site Inventory Model for Repairable Items. In: Optimal Inventory Modeling of Systems. International Series in Operations Research & Management Science, vol 72. Springer, Boston, MA. https://doi.org/10.1007/b109856_2

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  • DOI: https://doi.org/10.1007/b109856_2

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4020-7849-1

  • Online ISBN: 978-1-4020-7865-1

  • eBook Packages: Springer Book Archive

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