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• W2104168986 abstract "We consider a spare parts stock point that serves an installed base of machines. Each machine contains the same critical component, whose degradation behavior is described by a Markov process. We consider condition based spare parts supply, and show that an optimal, condition based inventory policy is 20% more efficient on average than a standard, state-independent base stock policy. We further propose an efficient and effective heuristic policy." @default.
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• W2104168986 date "2017-12-01" @default.
• W2104168986 modified "2023-10-01" @default.
• W2104168986 title "Condition based spare parts supply" @default.
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• W2104168986 doi "https://doi.org/10.1016/j.ress.2017.05.035" @default.
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