How to cite this paper
Güçdemir, H & Taşoğlu, G. (2024). Part transformation-based spare parts inventory control model for the high-tech industries.International Journal of Industrial Engineering Computations , 15(1), 307-326.
Refrences
Aronis, K.P., Magou, I., Dekker, R. & Tagaras, G. (2004). Inventory control of spare parts using a Bayesian approach: A case study. European Journal of Operational Research, 154(3), 730-739.
Benkherouf, L., Skouri, K. & Konstantaras, I. (2017). Inventory decisions for a finite horizon problem with product substitution options and time varying demand. Applied Mathematical Modelling, 51, 669-685.
Boone, C.A., Craighead, C.W. & Hanna, J.B. (2008). Critical challenges of inventory management in service parts supply: A Delphi study. Operations Management Research, 1(1), 31-39.
Boylan, J.E. & Syntetos, A.A. (2010). Spare parts management: a review of forecasting research and extensions. IMA Journal of Management Mathematics, 21(3), 227-237.
Chen, X., Feng, Y., Keblis, M.F. & Xu, J. (2015). Optimal inventory policy for two substitutable products with customer service objectives. European Journal of Operational Research, 24(1), 76-85.
Cohen, M.A., Agrawal, N. & Agrawal, V. (2006). Winning in the aftermarket. Harvard Business Review, 84(5), 129-138.
Das Roy, M. & Sana, S.S. (2022). The return and remanufacturing rates in a multi-stage green supply chain system with rework, variable shipping cost and ordering cost reduction. International Journal of Systems Science: Operations & Logistics, 1-18.
Do Rego, J.R. & de Mesquita, M.A. (2011). Spare parts inventory control: a literature review. Producao, 21(4), 645-655.
Do Rego, J.R. & de Mesquita, M.A. (2015). Demand forecasting and inventory control: A simulation study on automotive spare parts. International Journal of Production Economics, 161, 1-16.
Drezner, Z., Gurnani, H. & Pasternack, B.A. (1995). An EOQ model with substitutions between products. Journal of the Operational Research Society, 46(7), 887-891.
Driessen, M., Arts, J., van Houtum, G.J., Rustenburg, J.W. & Huisman, B. (2015). Maintenance spare parts planning and control: a framework for control and agenda for future research. Production Planning & Control, 26(5), 407-426.
Durga, B.K. & Chandrasekaran, E. (2020). Optimal ordering policy for substitutable products under quadratic demand with cost of substitution. Critical Rev, 7(4), 200-205.
Eksler, L., Aviram, R., Elalouf, A. & Kamble, A. (2019). An EOQ model for multiple products with varying degrees of substitutability. Economics, 13(1), 1-15.
Gallego, G., Katircioglu, K. & Ramachandran, B. (2006). Semiconductor inventory management with multiple grade parts and downgrading. Production Planning & Control, 17(7), 689-700.
Guajardo, M., Rönnqvist, M., Halvorsen, A.M. & Kallevik, S.I. (2015). Inventory management of spare parts in an energy company. Journal of the Operational Research Society, 66(2), 331-341.
Gurnani, H. & Drezner, Z. (2000). Deterministic hierarchical substitution inventory models. Journal of the Operational Research Society, 51(1), 129-133.
Henderson, D., Jacobson, S.H., Johnson, A.W., (2003). The theory and practice of simulated annealing, in: Glover, F.W., Kochenberger, G.A. (Eds.), Handbook of Metaheuristics. Springer, Boston, pp. 287-319.
Hu, Q., Boylan, J.E., Chen, H. & Labib, A. (2018). OR in spare parts management: A review. European Journal of Operational Research, 266(2), 395-414.
Ilgin, M.A. & Tunali, S. (2007). Joint optimization of spare parts inventory and maintenance policies using genetic algorithms. The International Journal of Advanced Manufacturing Technology, 34(5-6), 594-604.
Khademi, A. & Eksioglu, B. (2018). Spare parts inventory management with substitution-dependent reliability. INFORMS Journal on Computing, 30(3), 507-521.
Kök, A.G. & Fisher, M.L. (2007). Demand estimation and assortment optimization under substitution: Methodology and application. Operations Research, 55(6), 1001-1021.
Krommyda, I.P., Skouri, K. & Konstantaras, I. (2015). Optimal ordering quantities for substitutable products with stock-dependent demand. Applied Mathematical Modelling, 39(1), 147-164.
Kutanoglu, E. & Mahajan, M. (2009). An inventory sharing and allocation method for a multi-location service parts logistics network with time-based service levels. European Journal of Operational Research, 194(3), 728-742.
Lang, J.C. (2009). Production and inventory management with substitutions. Berlin: Springer.
Mcgillivray, R. & Silver, E. (1978). Some concepts for inventory control under substitutable demand. INFOR: Information Systems and Operational Research, 16(1), 47-63.
Mishra, V.K. (2017). Optimal ordering quantities for substitutable deteriorating items under joint replenishment with cost of substitution. Journal of Industrial Engineering International, 13(3), 381-391.
Mishra, R.K. & Mishra, V.K. (2020). Impact of cost of substitution and joint replenishment on inventory decisions for joint substitutable and complementary items under asymmetrical substitution. WPOM: Working Papers on Operations Management, 11(2), 1-26.
Mo, D.Y., Wang, Y., Leung, L.C. & Tseng, M.M. (2020). Optimal service parts contract with multiple response times and on-site spare parts. International Journal of Production Research, 58(10), 3049-3065.
Murthy, D.N.P., Solem, O. & Roren, T. (2004). Product warranty logistics: issues and challenges. European Journal of Operations Research, 156(1), 110-126.
Nagpal, G. & Chanda, U. (2022). Optimal inventory policies for short life cycle successive generations’ technology products. Journal of Management Analytics, 9(2), 261-286.
Pal, B. & Sana, S.S. (2022). Game-theoretic analysis in an environment-friendly competitive closed-loop dual-channel supply chain with recycling. Operations Management Research, 15, 627-646.
Panagiotidou, S. (2020). Joint optimization of spare parts ordering and age-based preventive replacement. International Journal of Production Research, 58(20), 6283-6299.
Parlar, M., (1985). Optimal ordering decisions for multiple substitutable products with stochastic demands, in: Bullinger, H.J., Warnecke, H.J.(Eds.), Toward the Factory of the Future. Springer, Berlin, Heidelberg, pp. 277-281.
Pasternack, B.A. & Drezner, Z. (1991). Optimal inventory policies for substitutable commodities with stochastic demand. Naval Research Logistics, 38(2), 221-240
Porras, E. & Dekker, R. (2008). An inventory control system for spare parts at a refinery: An empirical comparison of different re-order point methods. European Journal of Operational Research, 184(1), 101-132.
Radu, C., & Vintan, L., (2013). Domain-knowledge optimized simulated annealing for network-on-chip application mapping, in: Dumitrache, L. (Ed.), Advances in Intelligent Control Systems and Computer Science. Springer, Berlin, pp. 473-487.
Rodrigues, L. R. & Yoneyama, T. (2020). A spare parts inventory control model based on prognostics and health monitoring data under a fill rate constraint. Computers & Industrial Engineering, 148, 106724.
Salameh, M.K., Yassine, A.A., Maddah, B. & Ghaddar, L. (2014). Joint replenishment model with substitution. Applied Mathematical Modelling, 38(14), 3662-3671.
Sana, S.S. (2020). Price competition between green and non green products under corporate social responsible firm. Journal of Retailing and Consumer Services, 55, 102118.
Shin, H., Park, S., Lee, E. & Benton, W.C. (2015). A classification of the literature on the planning of substitutable products. European Journal of Operational Research, 246(3), 686-699.
Shokouhyar, S., Shokouhyar, S. & Safari, S. (2020). Research on the influence of after-sales service quality factors on customer satisfaction. Journal of Retailing and Consumer Services, 56, 102139.
Siddique, N. & Adeli, H. (2016). Simulated annealing, its variants and engineering applications. International Journal on Artificial Intelligence Tools, 25(6), 1630001.
Suman, B. & Kumar, P. (2006). A survey of simulated annealing as a tool for single and multiobjective optimization. Journal of the Operational Research Society, 57(10), 1143-1160.
Taleizadeh, A.A., Noori-Daryan, M. & Sana, S.S. (2020). Manufacturing and selling tactics for a green supply chain under a green cost sharing and a refund agreement. Journal of Modelling in Management, 15(4), 1419-1450.
Tan, B. & Karabati, S. (2013). Retail inventory management with stock-out based dynamic demand substitution. International Journal of Production Economics, 145(1), 78-87.
Tang, C.S. & Yin, R. (2007). Joint ordering and pricing strategies for managing substitutable products. Production and Operations Management, 16(1), 138-153.
Tang, Y., Hu, Y., Liu, Y. & Wen, J. (2018). Research on the spare parts inventory control for agriculture inter-district field operation. Procedia CIRP, 73, 278-283.
Tekin, E. & Sabuncuoglu, I. (2004). Simulation optimization: A comprehensive review on theory and applications. IIE transactions, 36(11), 1067-1081.
Tore, N., Savasaneril, S. & Serin, Y. (2013). Value of stock level information and impact on manufacturers’ substitution decisions. Communications, 15(1), 54-61.
van Jaarsveld, W., Dollevoet, T. & Dekker, R. (2015). Improving spare parts inventory control at a repair shop. Omega, 57(Part B), 217-229.
van der Walt, A. & Bean, W. L. (2022). Inventory management for the in-flight catering industry: A case of uncertain demand and product substitutability. Computers & Industrial Engineering, 165, 107914.
Xu, H., Yao, D.D. & Zheng, S. (2011). Optimal control of replenishment and substitution in an inventory system with nonstationary batch demand. Production and Operations Management, 20(5), 727-736.
Zhou, Y. & Sun, J. (2013). Inventory decisions in a product-updated system with component substitution and product substitution. Discrete Dynamics in Nature and Society, 2013, 1-9.
Benkherouf, L., Skouri, K. & Konstantaras, I. (2017). Inventory decisions for a finite horizon problem with product substitution options and time varying demand. Applied Mathematical Modelling, 51, 669-685.
Boone, C.A., Craighead, C.W. & Hanna, J.B. (2008). Critical challenges of inventory management in service parts supply: A Delphi study. Operations Management Research, 1(1), 31-39.
Boylan, J.E. & Syntetos, A.A. (2010). Spare parts management: a review of forecasting research and extensions. IMA Journal of Management Mathematics, 21(3), 227-237.
Chen, X., Feng, Y., Keblis, M.F. & Xu, J. (2015). Optimal inventory policy for two substitutable products with customer service objectives. European Journal of Operational Research, 24(1), 76-85.
Cohen, M.A., Agrawal, N. & Agrawal, V. (2006). Winning in the aftermarket. Harvard Business Review, 84(5), 129-138.
Das Roy, M. & Sana, S.S. (2022). The return and remanufacturing rates in a multi-stage green supply chain system with rework, variable shipping cost and ordering cost reduction. International Journal of Systems Science: Operations & Logistics, 1-18.
Do Rego, J.R. & de Mesquita, M.A. (2011). Spare parts inventory control: a literature review. Producao, 21(4), 645-655.
Do Rego, J.R. & de Mesquita, M.A. (2015). Demand forecasting and inventory control: A simulation study on automotive spare parts. International Journal of Production Economics, 161, 1-16.
Drezner, Z., Gurnani, H. & Pasternack, B.A. (1995). An EOQ model with substitutions between products. Journal of the Operational Research Society, 46(7), 887-891.
Driessen, M., Arts, J., van Houtum, G.J., Rustenburg, J.W. & Huisman, B. (2015). Maintenance spare parts planning and control: a framework for control and agenda for future research. Production Planning & Control, 26(5), 407-426.
Durga, B.K. & Chandrasekaran, E. (2020). Optimal ordering policy for substitutable products under quadratic demand with cost of substitution. Critical Rev, 7(4), 200-205.
Eksler, L., Aviram, R., Elalouf, A. & Kamble, A. (2019). An EOQ model for multiple products with varying degrees of substitutability. Economics, 13(1), 1-15.
Gallego, G., Katircioglu, K. & Ramachandran, B. (2006). Semiconductor inventory management with multiple grade parts and downgrading. Production Planning & Control, 17(7), 689-700.
Guajardo, M., Rönnqvist, M., Halvorsen, A.M. & Kallevik, S.I. (2015). Inventory management of spare parts in an energy company. Journal of the Operational Research Society, 66(2), 331-341.
Gurnani, H. & Drezner, Z. (2000). Deterministic hierarchical substitution inventory models. Journal of the Operational Research Society, 51(1), 129-133.
Henderson, D., Jacobson, S.H., Johnson, A.W., (2003). The theory and practice of simulated annealing, in: Glover, F.W., Kochenberger, G.A. (Eds.), Handbook of Metaheuristics. Springer, Boston, pp. 287-319.
Hu, Q., Boylan, J.E., Chen, H. & Labib, A. (2018). OR in spare parts management: A review. European Journal of Operational Research, 266(2), 395-414.
Ilgin, M.A. & Tunali, S. (2007). Joint optimization of spare parts inventory and maintenance policies using genetic algorithms. The International Journal of Advanced Manufacturing Technology, 34(5-6), 594-604.
Khademi, A. & Eksioglu, B. (2018). Spare parts inventory management with substitution-dependent reliability. INFORMS Journal on Computing, 30(3), 507-521.
Kök, A.G. & Fisher, M.L. (2007). Demand estimation and assortment optimization under substitution: Methodology and application. Operations Research, 55(6), 1001-1021.
Krommyda, I.P., Skouri, K. & Konstantaras, I. (2015). Optimal ordering quantities for substitutable products with stock-dependent demand. Applied Mathematical Modelling, 39(1), 147-164.
Kutanoglu, E. & Mahajan, M. (2009). An inventory sharing and allocation method for a multi-location service parts logistics network with time-based service levels. European Journal of Operational Research, 194(3), 728-742.
Lang, J.C. (2009). Production and inventory management with substitutions. Berlin: Springer.
Mcgillivray, R. & Silver, E. (1978). Some concepts for inventory control under substitutable demand. INFOR: Information Systems and Operational Research, 16(1), 47-63.
Mishra, V.K. (2017). Optimal ordering quantities for substitutable deteriorating items under joint replenishment with cost of substitution. Journal of Industrial Engineering International, 13(3), 381-391.
Mishra, R.K. & Mishra, V.K. (2020). Impact of cost of substitution and joint replenishment on inventory decisions for joint substitutable and complementary items under asymmetrical substitution. WPOM: Working Papers on Operations Management, 11(2), 1-26.
Mo, D.Y., Wang, Y., Leung, L.C. & Tseng, M.M. (2020). Optimal service parts contract with multiple response times and on-site spare parts. International Journal of Production Research, 58(10), 3049-3065.
Murthy, D.N.P., Solem, O. & Roren, T. (2004). Product warranty logistics: issues and challenges. European Journal of Operations Research, 156(1), 110-126.
Nagpal, G. & Chanda, U. (2022). Optimal inventory policies for short life cycle successive generations’ technology products. Journal of Management Analytics, 9(2), 261-286.
Pal, B. & Sana, S.S. (2022). Game-theoretic analysis in an environment-friendly competitive closed-loop dual-channel supply chain with recycling. Operations Management Research, 15, 627-646.
Panagiotidou, S. (2020). Joint optimization of spare parts ordering and age-based preventive replacement. International Journal of Production Research, 58(20), 6283-6299.
Parlar, M., (1985). Optimal ordering decisions for multiple substitutable products with stochastic demands, in: Bullinger, H.J., Warnecke, H.J.(Eds.), Toward the Factory of the Future. Springer, Berlin, Heidelberg, pp. 277-281.
Pasternack, B.A. & Drezner, Z. (1991). Optimal inventory policies for substitutable commodities with stochastic demand. Naval Research Logistics, 38(2), 221-240
Porras, E. & Dekker, R. (2008). An inventory control system for spare parts at a refinery: An empirical comparison of different re-order point methods. European Journal of Operational Research, 184(1), 101-132.
Radu, C., & Vintan, L., (2013). Domain-knowledge optimized simulated annealing for network-on-chip application mapping, in: Dumitrache, L. (Ed.), Advances in Intelligent Control Systems and Computer Science. Springer, Berlin, pp. 473-487.
Rodrigues, L. R. & Yoneyama, T. (2020). A spare parts inventory control model based on prognostics and health monitoring data under a fill rate constraint. Computers & Industrial Engineering, 148, 106724.
Salameh, M.K., Yassine, A.A., Maddah, B. & Ghaddar, L. (2014). Joint replenishment model with substitution. Applied Mathematical Modelling, 38(14), 3662-3671.
Sana, S.S. (2020). Price competition between green and non green products under corporate social responsible firm. Journal of Retailing and Consumer Services, 55, 102118.
Shin, H., Park, S., Lee, E. & Benton, W.C. (2015). A classification of the literature on the planning of substitutable products. European Journal of Operational Research, 246(3), 686-699.
Shokouhyar, S., Shokouhyar, S. & Safari, S. (2020). Research on the influence of after-sales service quality factors on customer satisfaction. Journal of Retailing and Consumer Services, 56, 102139.
Siddique, N. & Adeli, H. (2016). Simulated annealing, its variants and engineering applications. International Journal on Artificial Intelligence Tools, 25(6), 1630001.
Suman, B. & Kumar, P. (2006). A survey of simulated annealing as a tool for single and multiobjective optimization. Journal of the Operational Research Society, 57(10), 1143-1160.
Taleizadeh, A.A., Noori-Daryan, M. & Sana, S.S. (2020). Manufacturing and selling tactics for a green supply chain under a green cost sharing and a refund agreement. Journal of Modelling in Management, 15(4), 1419-1450.
Tan, B. & Karabati, S. (2013). Retail inventory management with stock-out based dynamic demand substitution. International Journal of Production Economics, 145(1), 78-87.
Tang, C.S. & Yin, R. (2007). Joint ordering and pricing strategies for managing substitutable products. Production and Operations Management, 16(1), 138-153.
Tang, Y., Hu, Y., Liu, Y. & Wen, J. (2018). Research on the spare parts inventory control for agriculture inter-district field operation. Procedia CIRP, 73, 278-283.
Tekin, E. & Sabuncuoglu, I. (2004). Simulation optimization: A comprehensive review on theory and applications. IIE transactions, 36(11), 1067-1081.
Tore, N., Savasaneril, S. & Serin, Y. (2013). Value of stock level information and impact on manufacturers’ substitution decisions. Communications, 15(1), 54-61.
van Jaarsveld, W., Dollevoet, T. & Dekker, R. (2015). Improving spare parts inventory control at a repair shop. Omega, 57(Part B), 217-229.
van der Walt, A. & Bean, W. L. (2022). Inventory management for the in-flight catering industry: A case of uncertain demand and product substitutability. Computers & Industrial Engineering, 165, 107914.
Xu, H., Yao, D.D. & Zheng, S. (2011). Optimal control of replenishment and substitution in an inventory system with nonstationary batch demand. Production and Operations Management, 20(5), 727-736.
Zhou, Y. & Sun, J. (2013). Inventory decisions in a product-updated system with component substitution and product substitution. Discrete Dynamics in Nature and Society, 2013, 1-9.