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development of economic models for eol service parts control发展生物经济模型的服务部分控制
American Journal of Industrial and Business Management, 2012, 2, 166-175
/10.4236/ajibm.2012.24022 Published Online October 2012 (http://www.SciRP.org/journal/ajibm)
Development of Economic Models for EOL Service Parts
Control
1 2 3
Wan Seon Shin , Han Sang Lee , Heungsoon Felix Lee
1System Management Engineering, Sungkyunkwan University, Suwon, South Korea; 2Energy Solution, LG Chem, Ochang, South
3
Korea; Industrial Manufacturing Engineering, Southern Illinois University Edwardsville, Illinois, USA.
Email: wsshin@skku.ac.kr, orgmtoom@, hflee@
Received May 30th, 2012; revised June 29th, 2012; accepted July 27th, 2012
ABSTRACT
This paper deals with a decision problem for final purchase quantity needed for the appropriate support of service parts
for S Electronics which is one of the largest electronics companies in the world. The cost elements of the final purchase
quantity, the economic models, the optimal solution methods, and the expected effect are presented.
Keywords: Spare Parts; Final Purchase; Economic Model
1. Introduction Apparently, the control of service parts is a complex
matter. Common statistical models for inventory control
S Electronics has business around the world. Procure-
lose their applicability, because the demand process is
ment of service parts about a variety of products for sale
different from those assumed. An essential element in
is an important competitive factor [1]. The company
many models such as forecasting d
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