Spare parts quantity problem under uncertainty - the case of entirely new devices with short life cycle

Helena Gaspars-Wieloch

Abstract

The paper presents a new scenario-based decision rule for the spare parts quantity problem (SPQP) under uncertainty with unknown objective probabilities. The goal of SPQP is to ensure the right number of extra parts at the right place at the right time. In the literature, SPQP is usually regarded as a stochastic problem since the demand for extra parts is treated as a random variable with a known distribution. The optimal stock quantity minimizes the expected loss resulting from buying a given number of parts before potential failures.
Author Helena Gaspars-Wieloch (WIiGE / KBO)
Helena Gaspars-Wieloch,,
- Department of Operations Research
Journal seriesMultiple Criteria Decision Making, ISSN 2084-1531, (0 pkt)
Issue year2019
Vol14
Pages1-24
Publication size in sheets1.15
Keywords in Polishzagadnienie optymalnej liczby części zamiennych, nowe sezonowe urządzenia, niepewność, przedziałowe wypłaty, nieznane obiektywne prawdopodobieństwa, preferencje decydenta, krótki cykl życia produktu
Keywords in Englishspare parts quantity problem, new seasonal devices, uncertainty, interval payoffs, unknown objective probabilities, decision maker’s preferences, short life cycle
URL http://mcdm.ue.katowice.pl/index.php?page=publications&year=2019
Languageen angielski
Score (nominal)5
Score sourcejournalList
ScoreMinisterial score = 5.0, 09-04-2020, ArticleFromJournal
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