Determining inventory base stock levels of expendable spare parts under service level agreement for on-time delivery

Availability of service parts is critical to have adequate equipment maintenance in order to avoid costs associated with unplanned shut downs, loss of production, and increase safety among others. Determining an adequate quantity of service parts to have is a challenging situation that companies have to deal with because service parts encompass intermittent demand; this type of demand is of variable size and occurring at irregular intervals. As consequence of the nature of service parts, companies have to have large quantities of parts in stock increasing their holding cost, or companies have to place expedited order to avoid late deliveries and avoid penalty fees. In this research, a model is developed in order to determine the inventory base level for all parts in order to minimize holding cost, penalty cost for late delivery and shipment cost while satisfying an agreed service level for on-time equipment delivery. Scenario based approach is utilized to provide a robust result. Given that constraints and variables increase dramatically, pre-processing techniques are utilized to reduce the model and obtain a solution for the large scale model within a reasonable time

Application of Optimization in Production, Logistics, Inventory, Supply Chain Management and Block Chain

The evolution of industrial development since the 18th century is now experiencing the fourth industrial revolution. The effect of the development has propagated into almost every sector of the industry. From inventory to the circular economy, the effectiveness of technology has been fruitful for industry. The recent trends in research, with new ideas and methodologies, are included in this book. Several new ideas and business strategies are developed in the area of the supply chain management, logistics, optimization, and forecasting for the improvement of the economy of the society and the environment. The proposed technologies and ideas are either novel or help modify several other new ideas. Different real life problems with different dimensions are discussed in the book so that readers may connect with the recent issues in society and industry. The collection of the articles provides a glimpse into the new research trends in technology, business, and the environment

Industrial engineering applications in metrology: Job scheduling, calibration interval and average outgoing quality

This thesis was submitted for the degree of Doctor of Philosophy and was awarded by Brunel UniversityThis research deals with the optimization of metrology and calibration problems. The optimization involved here is the application scientifically sound operations research techniques to help in solving the problem intended optimally or semi-optimally with a practical time frame. The research starts by exploring the subject of measurement science known as metrology. This involves defining all the constituents of metrology facilities along with their various components. The definitions include the SI units’ history and structure as well as their characteristics. After that, a comprehensive description of most of the operations and parameters encountered in metrology is presented. This involves all sources of uncertainties in most of the parameters that affect the measurements. From the background presented and using all the information within it; an identification of the most important and critical general problems is attempted. In this treatment a number of potential optimization problems are identified along with their description, problem statement definition, impact on the system and possible treatment method. After that, a detailed treatment of the scheduling problem, the calibration interval determination problem and the average outgoing quality problem is presented. The scheduling problem is formulated and modelled as a mixed integer program then solved using LINGO program. A heuristic algorithm is then developed to solve the problem near optimally but in much quicker time, and solution is packaged in a computer program. The calibration interval problem treatment deals with the determination of the optimal CI. Four methods are developed to deal with different cases. The cases considered are the reliability target case, the CI with call cost and failure cost of both first failure and all failures and the case of large number of similar TMDEs. The average out going quality (AOQ) treatment involves the development two methods to assess the AOQ of a calibration facility that uses a certain multistage inspection policy. The two methods are mathematically derived and verified using a simulation model that compares them with an actual failure rate of a virtual calibration facility

Discrete Event Simulations

Considered by many authors as a technique for modelling stochastic, dynamic and discretely evolving systems, this technique has gained widespread acceptance among the practitioners who want to represent and improve complex systems. Since DES is a technique applied in incredibly different areas, this book reflects many different points of view about DES, thus, all authors describe how it is understood and applied within their context of work, providing an extensive understanding of what DES is. It can be said that the name of the book itself reflects the plurality that these points of view represent. The book embraces a number of topics covering theory, methods and applications to a wide range of sectors and problem areas that have been categorised into five groups. As well as the previously explained variety of points of view concerning DES, there is one additional thing to remark about this book: its richness when talking about actual data or actual data based analysis. When most academic areas are lacking application cases, roughly the half part of the chapters included in this book deal with actual problems or at least are based on actual data. Thus, the editor firmly believes that this book will be interesting for both beginners and practitioners in the area of DES

Operational Research: Methods and Applications

Throughout its history, Operational Research has evolved to include a variety of methods, models and algorithms that have been applied to a diverse and wide range of contexts. This encyclopedic article consists of two main sections: methods and applications. The first aims to summarise the up-to-date knowledge and provide an overview of the state-of-the-art methods and key developments in the various subdomains of the field. The second offers a wide-ranging list of areas where Operational Research has been applied. The article is meant to be read in a nonlinear fashion. It should be used as a point of reference or first-port-of-call for a diverse pool of readers: academics, researchers, students, and practitioners. The entries within the methods and applications sections are presented in alphabetical order. The authors dedicate this paper to the 2023 Turkey/Syria earthquake victims. We sincerely hope that advances in OR will play a role towards minimising the pain and suffering caused by this and future catastrophes

A survey of AI in operations management from 2005 to 2009

Purpose: the use of AI for operations management, with its ability to evolve solutions, handle uncertainty and perform optimisation continues to be a major field of research. The growing body of publications over the last two decades means that it can be difficult to keep track of what has been done previously, what has worked, and what really needs to be addressed. Hence this paper presents a survey of the use of AI in operations management aimed at presenting the key research themes, trends and directions of research. Design/methodology/approach: the paper builds upon our previous survey of this field which was carried out for the ten-year period 1995-2004. Like the previous survey, it uses Elsevier’s Science Direct database as a source. The framework and methodology adopted for the survey is kept as similar as possible to enable continuity and comparison of trends. Thus, the application categories adopted are: design; scheduling; process planning and control; and quality, maintenance and fault diagnosis. Research on utilising neural networks, case-based reasoning (CBR), fuzzy logic (FL), knowledge-Based systems (KBS), data mining, and hybrid AI in the four application areas are identified. Findings: the survey categorises over 1,400 papers, identifying the uses of AI in the four categories of operations management and concludes with an analysis of the trends, gaps and directions for future research. The findings include: the trends for design and scheduling show a dramatic increase in the use of genetic algorithms since 2003 that reflect recognition of their success in these areas; there is a significant decline in research on use of KBS, reflecting their transition into practice; there is an increasing trend in the use of FL in quality, maintenance and fault diagnosis; and there are surprising gaps in the use of CBR and hybrid methods in operations management that offer opportunities for future research. Design/methodology/approach: the paper builds upon our previous survey of this field which was carried out for the 10 year period 1995 to 2004 (Kobbacy et al. 2007). Like the previous survey, it uses the Elsevier’s ScienceDirect database as a source. The framework and methodology adopted for the survey is kept as similar as possible to enable continuity and comparison of trends. Thus the application categories adopted are: (a) design, (b) scheduling, (c) process planning and control and (d) quality, maintenance and fault diagnosis. Research on utilising neural networks, case based reasoning, fuzzy logic, knowledge based systems, data mining, and hybrid AI in the four application areas are identified. Findings: The survey categorises over 1400 papers, identifying the uses of AI in the four categories of operations management and concludes with an analysis of the trends, gaps and directions for future research. The findings include: (a) The trends for Design and Scheduling show a dramatic increase in the use of GAs since 2003-04 that reflect recognition of their success in these areas, (b) A significant decline in research on use of KBS, reflecting their transition into practice, (c) an increasing trend in the use of fuzzy logic in Quality, Maintenance and Fault Diagnosis, (d) surprising gaps in the use of CBR and hybrid methods in operations management that offer opportunities for future research. Originality/value: This is the largest and most comprehensive study to classify research on the use of AI in operations management to date. The survey and trends identified provide a useful reference point and directions for future research

Smart Energy and Intelligent Transportation Systems

With the Internet of Things and various information and communication technologies, a city can manage its assets in a smarter way, constituting the urban development vision of a smart city. This facilitates a more efficient use of physical infrastructure and encourages citizen participation. Smart energy and smart mobility are among the key aspects of the smart city, in which the electric vehicle (EV) is believed to take a key role. EVs are powered by various energy sources or the electricity grid. With proper scheduling, a large fleet of EVs can be charged from charging stations and parking infrastructures. Although the battery capacity of a single EV is small, an aggregation of EVs can perform as a significant power source or load, constituting a vehicle-to-grid (V2G) system. Besides acquiring energy from the grid, in V2G, EVs can also support the grid by providing various demand response and auxiliary services. Thanks to this, we can reduce our reliance on fossil fuels and utilize the renewable energy more effectively. This Special Issue “Smart Energy and Intelligent Transportation Systems” addresses existing knowledge gaps and advances smart energy and mobility. It consists of five peer-reviewed papers that cover a range of subjects and applications related to smart energy and transportation

Operational Research: Methods and Applications

Throughout its history, Operational Research has evolved to include a variety of methods, models and algorithms that have been applied to a diverse and wide range of contexts. This encyclopedic article consists of two main sections: methods and applications. The first aims to summarise the up-to-date knowledge and provide an overview of the state-of-the-art methods and key developments in the various subdomains of the field. The second offers a wide-ranging list of areas where Operational Research has been applied. The article is meant to be read in a nonlinear fashion. It should be used as a point of reference or first-port-of-call for a diverse pool of readers: academics, researchers, students, and practitioners. The entries within the methods and applications sections are presented in alphabetical order