TITLE:
Development of Economic Models for EOL Service Parts Control
AUTHORS:
Wan Seon Shin, Han Sang Lee, Heungsoon Felix Lee
KEYWORDS:
Spare Parts; Final Purchase; Economic Model
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.2 No.4,
October
31,
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.