Decision Making under Conditions of Uncertainty and Risk in the Formation of Warehouse Stock of an Automotive Service Enterprise

0Citations
Citations of this article
24Readers
Mendeley users who have this article in their library.

Abstract

This article is devoted to the problem of determining the rational amount of spare parts in the warehouse of a service center of an automobile manufacturer’s branded network used for maintenance and current repairs. This problem was solved on the basis of the accumulated statistical data of failures that occurred during the warranty period of vehicle operation. In the calculation, game methods were used. This took into account the stochastic need for spare parts and the consequences of their presence or absence in stock, which are expressed in the form of a profit and an additional possible payment of a fine in case of a discrepancy between the current level of demand for spare parts and the available spare parts. Two cases of decision making are considered: under conditions of risk and uncertainty, the occurrence of which depends on the amount of information about the input flow of enters to the service center. If such statistics are accumulated, then the decision is made taking into account the possible risk associated with the uncertainty of a specific need for spare parts. Otherwise, the probability of a particular need is calculated on the basis of special criteria. To optimize the collection of information about the state of warehouse stocks, the transfer of information, and the assessment and forecasting of stocks, well-organized feedback is needed, which is shown in the form of an algorithm.

References Powered by Scopus

The effect of additive manufacturing adoption on supply chain flexibility and performance: An empirical analysis from the automotive industry

258Citations
N/AReaders
Get full text

Game theoretic modelling of infectious disease dynamics and intervention methods: a review

128Citations
N/AReaders
Get full text

Joint Optimization of Condition-Based Maintenance and Spare Parts Orders for Multi-Unit Systems with Dual Sourcing

45Citations
N/AReaders
Get full text

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Cite

CITATION STYLE

APA

Makarova, I., Buyvol, P., Gabsalikhova, L., Belyaev, E., & Mukhametdinov, E. (2023). Decision Making under Conditions of Uncertainty and Risk in the Formation of Warehouse Stock of an Automotive Service Enterprise. Algorithms, 16(8). https://doi.org/10.3390/a16080388

Readers over time

‘23‘24‘2507142128

Readers' Seniority

Tooltip

PhD / Post grad / Masters / Doc 2

67%

Lecturer / Post doc 1

33%

Readers' Discipline

Tooltip

Engineering 8

100%

Article Metrics

Tooltip
Mentions
Blog Mentions: 1
News Mentions: 1

Save time finding and organizing research with Mendeley

Sign up for free
0