Spare parts stock control for redundant systems using reliability centered maintenance data

@article{Jaarsveld2011SparePS,
  title={Spare parts stock control for redundant systems using reliability centered maintenance data},
  author={Willem van Jaarsveld and Rommert Dekker},
  journal={Rel. Eng. & Sys. Safety},
  year={2011},
  volume={96},
  pages={1576-1586}
}
In the classical approach to determine how many spare parts to stock, the spare parts shortage costs or the minimum fill rate is a key factor. A difficulty with this approach lies in the estimation of these shortage costs or the determination of appropriate minimum fill rates. In an attempt to overcome this problem, we propose to use the data gathered in… CONTINUE READING