Spare Parts Stock with Poisson Demand
This lesson is part of the course
In this lesson
You turn yearly part usage into demand during the lead time, read the service level of today's stock with POISSON.DIST, find the smallest stock that meets a 95% target and cost holding it.
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Lessons in this course
- Failure Log to MTBF, MTTR & Availability per Asset Locked
- Failure Rate & Reliability over Time: R(t) = e^(−λt) Locked
- Weibull Basics: Shape β from a Linearised Fit Locked
- Preventive vs Run-to-Failure: Cost per Operating Hour Locked
- Optimal Preventive Interval: Cost-Rate Table & Chart Locked
- Spare Parts Stock with Poisson Demand Locked
- Criticality Ranking: Risk Priority Number Locked
- Maintenance Backlog & Planner Workload Locked