1 AIT Asian Institute of Technology

Coordinated replenishment and safety stock budget allocation of spare parts in an electric power plant

AuthorThanaphan Intharagasorn
Call NumberAIT Thesis no. IE-87-03
Subject(s)Machine parts--Inventory control

NoteA thesis report submitted in partial fulfillment of t he requirements for the degree of Master of Engineering, School of Engineering and Technology
PublisherAsian Institute of Technology
Series StatementThesis ; no. IE-87-03
AbstractA large number of spare parts are needed for an electric power plant , and therefore the replenishment cost involved is very high. Replenishments are usually placed with a few suppliers where coordination of replenishment of orders for selected groups of items can lead to significant savings in the cost of replenishment . This study deals with the implementation of a coordinated replenishment inventory control model to an electric power plant . A comparison of costs is made among 3 kinds of control systems, independent control (S ,s ) system, coordinated control (S , c,s) system and (S , R) system. Not only the costs are compared but the reliability of spare parts support is also considered. In this study, the Safety Stock Budget Allocation Model (which is a practical model when the budget for safety stock is fixed, ) is selected to be t h e second model for designing the safety stock level . The results of the ordering model will be the input of the second model. These models are applied to 11 suppliers with a total supply of 1073 items. Computer programs were written for all systems. . The results obtained have been analysed and recommendations are made.
Year1987
Corresponding Series Added EntryAsian Institute of Technology. Thesis ; no. IE-87-03
TypeThesis
SchoolSchool of Engineering and Technology
DepartmentOther Field of Studies (No Department)
Academic Program/FoSIndustrial Engineering (IE)
Chairperson(s)Tabucanon, Mario T.;
Examination Committee(s)Awate, Prakash G. ;Oudheusden, Dirk L. van ;
Scholarship Donor(s)The Government of Japan;
DegreeThesis (M.Eng.) - Asian Institute of Technology, 1987


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