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The Engineering Economist
A Journal Devoted to the Problems of Capital Investment
Volume 59, 2014 - Issue 4: Special Issue on Engineering Economics in Reliability, Replacement and Maintenance, Part 2
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Original Articles

Determining Optimal Order Amount for End-of-Life Parts Acquisition with Possibility of Contract Extension

Nicholas W. LeifkerDepartment of Management/Marketing, St. John Fisher College, Rochester, New YorkCorrespondence[email protected]
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,
Philip C. JonesDepartment of Management Sciences, Tippie College of Business, University of Iowa, Iowa City, IowaView further author information
&
Timothy J. LoweDepartment of Management Sciences, Tippie College of Business, University of Iowa, Iowa City, IowaView further author information
Pages 259-281 | Published online: 16 Jun 2014

References

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  • Fortuin, L. (1980) The all-time requirement of spare parts for service after sales—theoretical analysis and practical results. International Journal of Operations and Production Management, 1, 59–70.
  • Fortuin, L. (1981) Reduction of the all-time requirement for spare parts. International Journal of Operations and Production Management, 2, 29–37.
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  • Kim, B. and Park, S. (2008) Optimal pricing, EOL (end of life) warranty, and spare parts manufacturing strategy amid product transition. European Journal of Operational Research, 188(3), 723–745.
  • Leifker, N., Jones, P. and Lowe, T. (2012) A continuous-time examination of end-of-life parts acquisition with limited customer information. The Engineering Economist, 57, 284–301.
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  • Sandborn, P., Feng, D. and Singh, P. (2007) Lifetime buy optimization to minimize lifecycle cost. Paper read at the 2007 Aging Aircraft Conference, April 16–19, Palm Springs, CA.
  • Teunter, R.H. and Fortuin, L. (1998) End-of-life service: a case study. European Journal of Operational Research, 107, 19–34.
  • Teunter, R.H. and Fortuin, L. (1999) End-of-life service. International Journal of Production Economics, 59, 487–497.
  • Teunter, R.H. and Klein Haneveld, W.K. (1998) The final order problem. European Journal of Operational Research, 107, 35–44.
  • Teunter, R.H. and Klein Haneveld, W.K. (2002) Inventory control of service parts in the final phase. European Journal of Operational Research, 137, 497–511.
  • van Kooten, J.P.J. and Tan, T. (2009) The final order problem for repairable spare parts under condemnation. Journal of the Operational Research Society, 60(10), 1449–1461.

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