Spare Parts Stocking and Expediting in a Fluctuating Demand Environment

摘要

Capital goods, such as trains and railway infrastructure that facilitate our public transport, are an important part of our daily lives. Maintenance operations are necessary to ensure safety and prevent disruptive failures. To make these operations run smoothly, it is crucial to have the right amount of spare parts available. Eindhoven University of Technology and NedTrain collaborate to optimize the spare parts supply chain using stochastic modelling and optimization.