An exact static solution approach for the service parts end of life inventory problem

This paper studies the spare parts end-of-life inventory problem that happens after the discontinuation of part production. A final ordering quantity is set such that the service process is sustained until all service obligations expire. Also, the price erosion of substitutable or new generation products over time makes it economically justifiable to consider switching to an alternative service policy for repair such as swapping the old product with a new one. This requires the joint optimization of the final order quantity and the time to switch from repair to an alternative service policy. To the best of our knowledge, the problem has not been optimally solved yet either in its static or dynamic formulation. In the current paper, we solve its static version as a bi-level optimization problem. We investigate the convexity of the objective function and give a computationally efficient algorithm to find an exact optimal solution up to any given numerical error level ϵ > 0. We illustrate our approach on some numerical examples and compare our results with earlier works on this problem

PROCEEDINGS 5th PLATE Conference

The 5th international PLATE conference (Product Lifetimes and the Environment) addressed product lifetimes in the context of sustainability. The PLATE conference, which has been running since 2015, has successfully been able to establish a solid network of researchers around its core theme. The topic has come to the forefront of current (political, scientific & societal) debates due to its interconnectedness with a number of recent prominent movements, such as the circular economy, eco-design and collaborative consumption. For the 2023 edition of the conference, we encouraged researchers to propose how to extend, widen or critically re-construct thematic sessions for the PLATE conference, and the paper call was constructed based on these proposals. In this 5th PLATE conference, we had 171 paper presentations and 238 participants from 14 different countries. Beside of paper sessions we organized workshops and REPAIR exhibitions