Spare parts management affects significantly costs and service level for supply chains. This paper deals with an inventory management problem for multi-item repairable systems via a systemic perspective based on a new efficient integer black-box optimization model. With respect to the traditionally used marginal allocation that considers items individually, the proposed black-box optimization model is a holistic approach in the fact that it exploits relationships among items. The authors propose a derivative-free algorithm specifically tied to the application which exploits a new selection strategy for choosing entire subsets of items with the aim to get the best expected improvement in the objective function. The approach has been tested on a real case study for optimizing stocks in an airline’s inventory network. The case study provides evidence about the good behavior of the exploratory geometry of the proposed approach in finding quickly a feasible and optimal solution for inventory control.

An integer black-box optimization model for repairable spare parts management / Bernabei, Giuseppe; Costantino, Francesco; Palagi, Laura; Patriarca, Riccardo; Romito, Francesco. - In: INTERNATIONAL JOURNAL OF INFORMATION SYSTEMS AND SUPPLY CHAIN MANAGEMENT. - ISSN 1935-5726. - 14:2(2021), pp. 46-68. [10.4018/IJISSCM.2021040103]

An integer black-box optimization model for repairable spare parts management

Francesco, Costantino
Co-primo
;
Laura, Palagi
Co-primo
;
Riccardo, Patriarca
Co-primo
;
Francesco, Romito
Co-primo
2021

Abstract

Spare parts management affects significantly costs and service level for supply chains. This paper deals with an inventory management problem for multi-item repairable systems via a systemic perspective based on a new efficient integer black-box optimization model. With respect to the traditionally used marginal allocation that considers items individually, the proposed black-box optimization model is a holistic approach in the fact that it exploits relationships among items. The authors propose a derivative-free algorithm specifically tied to the application which exploits a new selection strategy for choosing entire subsets of items with the aim to get the best expected improvement in the objective function. The approach has been tested on a real case study for optimizing stocks in an airline’s inventory network. The case study provides evidence about the good behavior of the exploratory geometry of the proposed approach in finding quickly a feasible and optimal solution for inventory control.
2021
integer optimization; optimization model; optimization algorithm; spare parts management; supply chain;
01 Pubblicazione su rivista::01a Articolo in rivista
An integer black-box optimization model for repairable spare parts management / Bernabei, Giuseppe; Costantino, Francesco; Palagi, Laura; Patriarca, Riccardo; Romito, Francesco. - In: INTERNATIONAL JOURNAL OF INFORMATION SYSTEMS AND SUPPLY CHAIN MANAGEMENT. - ISSN 1935-5726. - 14:2(2021), pp. 46-68. [10.4018/IJISSCM.2021040103]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/1488798
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