Development of Economic Models for EOL Service Parts Control

Wan Seon Shin, Han Sang Lee, Heungsoon Felix Lee

Energy Solution, LG Chem, Ochang, Republic of Korea.
Industrial & Manufacturing Engineering, Southern Illinois University Edwardsville, Illinois, USA.
System Management Engineering, Sungkyunkwan University, Suwon, Republic of Korea.

DOI: 10.4236/ajibm.2012.24022                

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

Conflicts of Interest

The authors declare no conflicts of interest.

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