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Chemical, Petroleum & polymer Engineering
Metallurgical & Materials Engineering
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The Faculty of Engineering at Ferdowsi University of Mashhad, established in 1975, has served as a vital hub for engineering education and innovation in eastern Iran. Over nearly five decades, the faculty has grown to encompass seven prominent departments: Mechanical and Aerospace Engineering, Electrical Engineering, Civil Engineering, Computer Engineering, Chemical, Petroleum, and Polymer Engineering, Metallurgical and Materials Engineering, and Industrial Engineering. These departments have collectively nurtured more than 20,000 graduates, many of whom have become influential leaders in academia, industry, and society. Currently, the faculty is home to over 170 distinguished faculty members and more than 5,000 exceptional students, united by a vision to position the faculty as a leader in the 4th-generation university model. With a mission to advance expertise, innovation, and technology, the faculty actively addresses the needs of society and industry through its dedicated human resources and an outward-focused, impact-driven approach, striving to bridge the gap between academia and real-world challenges.

porakbar

Title: End-of-Life Inventory Decisions of Service Parts

Speaker: Dr Morteza Pourakbar, Associate Professor at Rotterdam School of Management

Abstract: With the spurt of technology and innovation the life cycles of parts and products have become shorter and service parts enter their final phases earlier. Final phase of a typical service part starts once the part production is ceased and ends when the last service or warranty contract expires. One popular tactic, in practice, to sustain service operations is placing a final order. The prime challenge of a firm while deciding a final order quantity is to minimize inventory-carrying costs together with the risk of obsolescence at the end of the planning period In this study, end-of-life inventory decisions for an array of products including both consumer electronics and capital-intensive products are investigated. For consumer electronics we show that considering an alternative service policy, such as swapping the defective product with a new one, besides a regular repair policy improves cost efficiency.

زمان برگزاري: دوشنبه 6 شهريورماه

فایل صوتی سخنرانی: icon-9

 

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