Optimizing service parts inventory in a multiechelon, multi-item supply chain with time-based customer service-level agreements
成果类型:
Article
署名作者:
Caggiano, Kathryn E.; Jackson, Peter L.; Muckstadt, John A.; Rappold, James A.
署名单位:
University of Wisconsin System; University of Wisconsin Madison; Cornell University; University of Wisconsin System; University of Wisconsin Madison
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.1060.0345
发表日期:
2007
页码:
303-318
关键词:
摘要:
In the realm of service parts management, customer relationships are often established through service agreements that extend over months or years. These agreements typically apply to a piece of equipment that the customer has purchased, and they specify the type and timing of service that will be provided. If a customer operates in multiple locations, service agreements may cover several pieces of equipment at several locations. In this paper, we describe a continuous-review inventory model for a multi-item, multiechelon service parts distribution system in which time-based service-level requirements exist. Our goal is to determine base-stock levels for all items at all locations so that the service-level requirements are met at minimum investment. We derive exact time-based fill-rate expressions for each item within its distribution channel, as well as approximate expressions for the gradients of these fill-rate functions. Using these results, we develop an intelligent greedy algorithm that can be used to find near-optimal solutions to large-scale problems quickly, as well as a Lagrangian-based approach that provides both near-optimal solutions and good lower bounds with increased computational effort. We demonstrate the effectiveness and scalability of these algorithms on three example problems.