Title :
Notice of Retraction
An optimization model for spares inventory under the minimum average time for waiting spares
Author :
Shengxue Yu ; Yanqiao Chen ; Yuwen Wang
Author_Institution :
Naval Equip. Res. Inst., Beijing, China
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.
The mathematical relationship between the minimum average time for waiting spares and the expected number of backorders is expounded. Then, the inventory optimization model is created under the minimum average time for waiting spares of the equipment. Next, optimization approach of spares inventory is described with margin analysis. Finally, the number of spares inventory calculation method is offered through particular case application, and validate the credibility of the optimization model.
Keywords :
inventory management; maintenance engineering; optimisation; expected backorder number; inventory optimization model; margin analysis; spares inventory; waiting spares minimum average time; Analytical models; Availability; Educational institutions; Maintenance engineering; Mathematical model; Optimization; expected number of backorders; margin utility; minimum average time for waiting spares;
Conference_Titel :
Quality, Reliability, Risk, Maintenance, and Safety Engineering (QR2MSE), 2013 International Conference on
Conference_Location :
Chengdu
Print_ISBN :
978-1-4799-1014-4
DOI :
10.1109/QR2MSE.2013.6625848
