A Simulation Model for Optimal Inventory Level of R.O.K Navy's Repair Parts. Issue 2 (31st August 2014)

• Record Type: Journal Article
• Authors: Jeon, Seong-Gyu; Kim, Yong Jin
• Is Part Of: Journal of international logistics and trade. Volume 12:Issue 2(2014)
• Page Start: 37
• Page End: 60
• Publication Date: 2014-08-31
• Subjects: the multi-level support system -- repair parts -- optimal inventory level -- simulation; International trade -- Periodicals; Business logistics -- Periodicals; Commerce international -- Périodiques; Logistique (Organisation) -- Périodiques; Business logistics; International trade; Periodicals; 382.05
• DOI: 10.24006/jilt.2014.12.2.37
• Languages: English
• ISSNs: 1738-2122

Abstract

Abstract : The weapon system of The Navy is the small quantity producing system on multiple kinds. It is consisted of various equipment and the subordinate parts of those which can repair the damaged part. The operating procedure concerning warship's repair parts managed under these systems is as follows. Firstly, if demand of repair parts occurs from warship which is the operating unit of weapon, then the Fleet(the repair & supply support battalion) is in charge of dealing with these requests. If certain request from warship is beyond the battalion's capability, it is delivered directly to the Logistic Command. In short, the repair and supply support system of repair parts can be described as the multi-level support system. The various theoretical researches on inventory management of Navy's repair parts and simulation study that reflects reality in detail have been carried out simultaneously. However, the majority of existing research has been conducted on aircraft and tank's repairable items, in that, the studies is woefully deficient in the area concerning Navy's inventory management. For that reason, this paper firstly constructs the model of consumable items that is frequently damaged reflecting characteristics of navy's repair parts inventory management using ARENA simulation. After that, this paper is trying to propose methodology to analyze optimal inventory level of each supply unit through OptQuest, the optimization program of ARENA simulation.