EconPapers    
Economics at your fingertips  
 

OR in spare parts management: A review

Qiwei Hu, John E. Boylan, Huijing Chen and Ashraf Labib

European Journal of Operational Research, 2018, vol. 266, issue 2, 395-414

Abstract: Spare parts are held to reduce the consequences of equipment downtime, playing an important role in achieving the desired equipment availability at a minimum economic cost. In this paper, a framework for OR in spare parts management is presented, based on the product lifecycle process and including the objectives, main tasks, and OR disciplines for supporting spare parts management. Based on the framework, a systematic literature review of OR in spare parts management is undertaken, and then a comprehensive investigation of each OR discipline's contribution is given. The gap between theory and practice of spare parts management is investigated from the perspective of software integration, maintenance management information systems and adoption of new OR methods in software. Finally, as the result of this review, an extended version of the framework is proposed and a set of future research directions is discussed.

Keywords: Inventory; Spare parts management; Operational research (OR) (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221717307014
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:266:y:2018:i:2:p:395-414

Access Statistics for this article

European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-01-19
Handle: RePEc:eee:ejores:v:266:y:2018:i:2:p:395-414