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Research On Control Model of Spare parts' inventory Based On DP

Xiong Jun-xing

Open publisher page 5 citations

Abstract

Spare parts inventory decision-making is an important issue in Spare parts management of manufacture industries.In light of the high demand uncertainty of Spare parts,this paper proposed a Spare parts Inventory control Model Based on Dynamic Program-ming to make Spare parts Inventory purchase plan,which first forecasts demand of spare parts.An application example is given to show its feasibility.

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What this paper is about

Spare parts inventory decision-making is an important issue in Spare parts management of manufacture industries.In light of the high demand uncertainty of Spare parts,this paper proposed a Spare parts Inventory control Model Based on Dynamic Program-ming to make Spare parts Inventory purchase plan,which first forecasts demand of spare parts.An application example is given to show its feasibility.

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Available abstract

Spare parts inventory decision-making is an important issue in Spare parts management of manufacture industries.In light of the high demand uncertainty of Spare parts,this paper proposed a Spare parts Inventory control Model Based on Dynamic Program-ming to make Spare parts Inventory purchase plan,which first forecasts demand of spare parts.An application example is given to show its feasibility.

Key concepts: Spare part, Computer science, Inventory control, Inventory theory, Plan (archaeology), Control (management), Operations research, Inventory management

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