Joint optimization method of spare parts stocks and level of repair analysis considering the multiple failure modes

Abstract

For the repair level and spare parts stocking problems, generally METRIC type methods and Level of repair analysis (LORA) are used separately. Since LORA does not consider the availability of capital goods, solving LORA and spare parts stocking problems sequentially may lead to suboptimal solutions. On these considerations, this study presents a joint optimization method to minimize the service logistics cost under the constraints of system availability. Maintenance capability factor and maintenance decisions are introduced into the joint optimization model to express the influence of multiple failure modes on repair level and spare parts stocking. Thus, we establish the bridge relationship between LORA and METRIC models. The joint optimization model is solved by an improved iterative algorithm, and a typical fleet system is taken as an example to verify the correctness and effectiveness of the model and the algorithm. Compared with the optimization of spare parts inventory and maintenance level independently, the joint optimization method could effectively reduce the service logistic system cost.