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Stochastic inventory modelling t

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2010
Özkan, Erhun
In this master thesis study, new inventory control mechanisms are developed for the repairables in Nedtrain. There is a multi-item, multi echelon system with a continuous review and one for one replenishment policy and there are different demand supply options in each control mechanism. There is an aggregate mean waiting time constraint in each local warehouse and the objective is to minimize the total system cost. The base stock levels in each warehouse are determined with an approximation method. Then different demand supply options are compared with each other. ttings.