• DocumentCode
    3440139
  • Title

    Notice of Retraction
    Research on spare parts inventory control based on modified team order policy

  • Author

    Hongqiang Gu ; Changzheng Qu ; Tielin Liu ; Xuezhi Lv

  • Author_Institution
    Dept. of Equip. Command & Manage., Ordnance Eng. Coll., Shijiazhuang, China
  • fYear
    2013
  • fDate
    15-18 July 2013
  • Firstpage
    1266
  • Lastpage
    1270
  • Abstract
    Notice of Retraction

    After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

    We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

    The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

    Based on the improved team order point policy, the model and algorithm for joint replenishment materials inventory under stochastic demands are analyzed and established. The differences for team order point policy are that the items with inventory position less or equal to the order point, are ordered. Firstly, the problem is decomposed. Secondly, the model of average cost per time unit based on semi-Markov process is established. Finally, the algorithm with two loops to solve the model is proposed. The optimal team order point and single order policy parameter with two loops are solved by the proposed algorithm, respectively. A numerical example shows that the optimal policy significantly reduce the operating costs.
  • Keywords
    Markov processes; maintenance engineering; stock control; joint replenishment materials inventory; optimal policy; semiMarkov process; spare parts inventory control; stochastic demand; team order point policy; Joints; Markov processes; Reliability; Schedules; Silicon; Zinc; inventory control; joint replenishment; material; semi-Markov process;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Quality, Reliability, Risk, Maintenance, and Safety Engineering (QR2MSE), 2013 International Conference on
  • Conference_Location
    Chengdu
  • Print_ISBN
    978-1-4799-1014-4
  • Type

    conf

  • DOI
    10.1109/QR2MSE.2013.6625799
  • Filename
    6625799