20th Conference of the International Federation of Operational Research Societies, Barcelona, Spain, 13 - 18 July 2014, pp.139
Joint Optimization of Maintenance and Spare Part Inventory
Z. Pelin Bayindir, Pinar Bulbul, Ismail Serdar Bakal
In this study, we consider maintenance planning and spare part inventory
planning problem simultaneously. Our main focus is the joint
optimization of preventive replacement and spare part inventory management.
We propose an exact dynamic programming algorithm and
several heuristics for a finite planning horizon situation. In a computational
study the heuristics are compared against the optimal solutions.