Analysis of (r,Q) and (s,S) Spare Parts Ordering Strategy under Maximum Inventory Constraints
- DOI
- 10.2991/ahis.k.220601.005How to use a DOI?
- Keywords
- Inventory system; (R, q) strategy; (s, s) strategy; Inventory cost; Discrete demand
- Abstract
Aiming at the limited maximum inventory in actual storage, the advantages and disadvantages of (R, q) and (s, s) spare parts ordering strategies are analyzed. Through the storage cost modeling, the optimal cost parameters of the two strategies are determined. Under the condition of cost optimal parameter control, the (R, q) and (s, s) ordering strategies are compared by sections, the cost maximum inventory relationship curves of the two strategies are obtained, and the calculation method of cost control critical point is given, which improves the practicability of spare parts ordering strategy under the condition of maximum inventory.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Ou Qi AU - Lei Zhang AU - Jiuchao Li PY - 2022 DA - 2022/06/02 TI - Analysis of (r,Q) and (s,S) Spare Parts Ordering Strategy under Maximum Inventory Constraints BT - Proceedings of the 2021 International conference on Smart Technologies and Systems for Internet of Things (STS-IOT 2021) PB - Atlantis Press SP - 21 EP - 24 SN - 2589-4919 UR - https://doi.org/10.2991/ahis.k.220601.005 DO - 10.2991/ahis.k.220601.005 ID - Qi2022 ER -