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An overview of recent literature on spare parts inventoriesInternational Journal of Production Economics, Vol. 76, No. 2. (21 March 2002), pp. 201-215.
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AbstractSpare parts inventories are not intermediate or final products to be sold to a customer, and the policies that govern spare parts inventories are different from those which govern WIP and other inventories. This paper is an update of the discussion of maintenance inventories and a discussion of the future research needed. After a discussion of unique aspects of spare parts inventories, literature is reviewed which relates to management issues, age-based replacement, multi-echelon problems, problems involving obsolescence, repairable spare parts, and special applications.
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