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Level of repair analysis (LORA) and multi-echelon technique for recoverable item control (METRIC) type methods are widely used to solve the downtime costs of complex equipment. In this paper, a joint optimal model of LORA and spares inventory for cases of fuzzy failure rate is constructed, and fuzzy parameters are implemented to deal with these uncertain factors to make optimal decisions. Taking the...
The evolution of China into a major investment destination has enabled the country establish itself as a dominant force in world manufacturing. It is estimated that China has accounted for a third of global economic growth over the past three years. A key consequence of this development as well as China's entry into the WTO has been the establishment of global brands on the Chinese mainland. The automobile...
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