International Journal of Advanced Studies (Jun 2024)
OPTIMIZATION OF THE PROCESSES OF PRODUCTION OF SPARE PARTS FOR MOTOR VEHICLES
Abstract
The purpose of the research is to develop a software simulation multi-product model designed for effective inventory management of spare parts. In the course of the work, a mathematical model was used to optimize the production and storage of spare parts for vehicles. At the same time, such significant factors as the total number of spare parts in stock, the frequency of failure of certain parts, operating conditions, the intensity of their use, as well as the influence of the human factor were taken into account. The results show that penalties for shipping and dynamic spare parts consumption significantly affect the cost function, while penalties for missing necessary parts significantly affect the minimum inventory level. The results can be applied to the management of spare parts stocks at authorized service centers. The study concludes that seasonal fluctuations in demand for spare parts can be eliminated by creating a scientifically sound spare parts inventory management system.
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