Two-Echelon Supply Chain Design for Spare Parts with Time Constraints
dc.contributor.author | Riaz, Muhammad Waqas | |
dc.date.accessioned | 2013-09-25T17:35:07Z | |
dc.date.available | 2013-09-25T17:35:07Z | |
dc.date.issued | 2013-09-25T17:35:07Z | |
dc.date.submitted | 2013 | |
dc.description.abstract | We consider a single-part, two-echelon supply chain problem for spare parts. The network consists of a single manufacturing plant, a set of service centers (SCs) and a set of customers. Both echelons keep spare parts using the base-stock replenishment policy. The plant behaves as an M/M/1 queueing system and has limited production and storage capacity. Demand faced by each SC follows an independent Poisson process. The problem is to determine optimal location-allocation and optimal base-stock levels at both echelons while satisfying the target service levels and customer preferences of SCs. We develop a mixed integer non-linear programming model and use cutting-plane method to optimize the inventory-location decisions. We present an exact solution procedure for the inventory stocking problem and demonstrate the limitations of using traditional inventory models like METRIC-like and Approximate in case of high utilization rates. We show the effectiveness of our proposed cutting-plane algorithm and provide important managerial insights for spare parts management. | en |
dc.identifier.uri | http://hdl.handle.net/10012/7914 | |
dc.language.iso | en | en |
dc.pending | false | en |
dc.publisher | University of Waterloo | en |
dc.subject | supply chain design | en |
dc.subject | spare parts management | en |
dc.subject | response time requirements | en |
dc.subject | base-stock replenishment policy | en |
dc.subject | cutting-planes | en |
dc.subject | queueing | en |
dc.subject | inventory-location | en |
dc.subject | facility location | en |
dc.subject | inventory stocking | en |
dc.subject | mixed-integer programming | en |
dc.subject.program | Management Sciences | en |
dc.title | Two-Echelon Supply Chain Design for Spare Parts with Time Constraints | en |
dc.type | Master Thesis | en |
uws-etd.degree | Master of Applied Science | en |
uws-etd.degree.department | Management Sciences | en |
uws.peerReviewStatus | Unreviewed | en |
uws.scholarLevel | Graduate | en |
uws.typeOfResource | Text | en |