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Minimizing cost and backorder risk through customer priority on spares inventory
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| Zeitschriftentitel: | Journal of Physics: Conference Series |
|---|---|
| Personen und Körperschaften: | , , |
| In: | Journal of Physics: Conference Series, 1218, 2019, 1, S. 012061 |
| Format: | E-Article |
| Sprache: | Unbestimmt |
| veröffentlicht: |
IOP Publishing
|
| Schlagwörter: |
| author_facet |
Lukitosari, V Subriadi, A P Siyamah, I Lukitosari, V Subriadi, A P Siyamah, I |
|---|---|
| author |
Lukitosari, V Subriadi, A P Siyamah, I |
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Lukitosari, V Subriadi, A P Siyamah, I Journal of Physics: Conference Series Minimizing cost and backorder risk through customer priority on spares inventory General Physics and Astronomy |
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lukitosari, v |
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Lukitosari, V Subriadi, A P Siyamah, I 1742-6588 1742-6596 IOP Publishing General Physics and Astronomy http://dx.doi.org/10.1088/1742-6596/1218/1/012061 <jats:title>Abstract</jats:title> <jats:p>Spare parts demands usually occur due to the need to replace spare parts on damaged equipment. Uncertain demands and many types of spare parts require complex management. Therefore, the management of spare parts is very challenging. In this study, we developed a spare part inventory method by considering priorities based on customer class. Customers will be grouped according to the number of demands. The number of requests becomes a fill rate priority. Any request that cannot be fulfilled will have backorder risk. This customer prioritization aims to minimize costs and backorder risks. The difference in customer class aims to minimize total inventory costs. Spare parts will be issued based on the queue discipline which is first in first out. The inventory model is solved by the Lagrange multiplier method. Model verification is carried out in real practice in illustrative examples. The results of the research show that customer priorities that are carried out in the provision of the fulfilment of spare parts can reduce costs and backorder risks.</jats:p> Minimizing cost and backorder risk through customer priority on spares inventory Journal of Physics: Conference Series |
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Minimizing cost and backorder risk through customer priority on spares inventory |
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Minimizing cost and backorder risk through customer priority on spares inventory |
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Minimizing cost and backorder risk through customer priority on spares inventory |
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Minimizing cost and backorder risk through customer priority on spares inventory |
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Minimizing cost and backorder risk through customer priority on spares inventory |
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Minimizing cost and backorder risk through customer priority on spares inventory |
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minimizing cost and backorder risk through customer priority on spares inventory |
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General Physics and Astronomy |
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http://dx.doi.org/10.1088/1742-6596/1218/1/012061 |
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<jats:title>Abstract</jats:title>
<jats:p>Spare parts demands usually occur due to the need to replace spare parts on damaged equipment. Uncertain demands and many types of spare parts require complex management. Therefore, the management of spare parts is very challenging. In this study, we developed a spare part inventory method by considering priorities based on customer class. Customers will be grouped according to the number of demands. The number of requests becomes a fill rate priority. Any request that cannot be fulfilled will have backorder risk. This customer prioritization aims to minimize costs and backorder risks. The difference in customer class aims to minimize total inventory costs. Spare parts will be issued based on the queue discipline which is first in first out. The inventory model is solved by the Lagrange multiplier method. Model verification is carried out in real practice in illustrative examples. The results of the research show that customer priorities that are carried out in the provision of the fulfilment of spare parts can reduce costs and backorder risks.</jats:p> |
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| description | <jats:title>Abstract</jats:title> <jats:p>Spare parts demands usually occur due to the need to replace spare parts on damaged equipment. Uncertain demands and many types of spare parts require complex management. Therefore, the management of spare parts is very challenging. In this study, we developed a spare part inventory method by considering priorities based on customer class. Customers will be grouped according to the number of demands. The number of requests becomes a fill rate priority. Any request that cannot be fulfilled will have backorder risk. This customer prioritization aims to minimize costs and backorder risks. The difference in customer class aims to minimize total inventory costs. Spare parts will be issued based on the queue discipline which is first in first out. The inventory model is solved by the Lagrange multiplier method. Model verification is carried out in real practice in illustrative examples. The results of the research show that customer priorities that are carried out in the provision of the fulfilment of spare parts can reduce costs and backorder risks.</jats:p> |
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| spelling | Lukitosari, V Subriadi, A P Siyamah, I 1742-6588 1742-6596 IOP Publishing General Physics and Astronomy http://dx.doi.org/10.1088/1742-6596/1218/1/012061 <jats:title>Abstract</jats:title> <jats:p>Spare parts demands usually occur due to the need to replace spare parts on damaged equipment. Uncertain demands and many types of spare parts require complex management. Therefore, the management of spare parts is very challenging. In this study, we developed a spare part inventory method by considering priorities based on customer class. Customers will be grouped according to the number of demands. The number of requests becomes a fill rate priority. Any request that cannot be fulfilled will have backorder risk. This customer prioritization aims to minimize costs and backorder risks. The difference in customer class aims to minimize total inventory costs. Spare parts will be issued based on the queue discipline which is first in first out. The inventory model is solved by the Lagrange multiplier method. Model verification is carried out in real practice in illustrative examples. The results of the research show that customer priorities that are carried out in the provision of the fulfilment of spare parts can reduce costs and backorder risks.</jats:p> Minimizing cost and backorder risk through customer priority on spares inventory Journal of Physics: Conference Series |
| spellingShingle | Lukitosari, V, Subriadi, A P, Siyamah, I, Journal of Physics: Conference Series, Minimizing cost and backorder risk through customer priority on spares inventory, General Physics and Astronomy |
| title | Minimizing cost and backorder risk through customer priority on spares inventory |
| title_full | Minimizing cost and backorder risk through customer priority on spares inventory |
| title_fullStr | Minimizing cost and backorder risk through customer priority on spares inventory |
| title_full_unstemmed | Minimizing cost and backorder risk through customer priority on spares inventory |
| title_short | Minimizing cost and backorder risk through customer priority on spares inventory |
| title_sort | minimizing cost and backorder risk through customer priority on spares inventory |
| title_unstemmed | Minimizing cost and backorder risk through customer priority on spares inventory |
| topic | General Physics and Astronomy |
| url | http://dx.doi.org/10.1088/1742-6596/1218/1/012061 |