Joint Optimization of Maintenance and Spare Part Inventory Policies

Joint Optimization of Maintenance and Spare Part InventoryPoliciesZ. Pelin Bayindir, Pinar Bulbul, Ismail Serdar BakalIn this study, we consider maintenance planning and spare part inventoryplanning problem simultaneously. Our main focus is the jointoptimization of preventive replacement and spare part inventory management.We propose an exact dynamic programming algorithm andseveral heuristics for a finite planning horizon situation. In a computationalstudy the heuristics are compared against the optimal solutions.


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Citation Formats
Z. P. Bayındır and İ. S. Bakal, “Joint Optimization of Maintenance and Spare Part Inventory Policies,” 2020, Accessed: 00, 2021. [Online]. Available: