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EOR
2007

Managing a portfolio of long term service agreements

10 years 4 months ago
Managing a portfolio of long term service agreements
Long-term service agreements (LTSA) for the maintenance of capital-intensive equipment such as gas turbines and aircraft engines are gaining wide acceptance. A typical LTSA contract spanning a period of 10-20 years makes the manufacturer responsible for fully maintaining the customer equipment. In this paper, we address the management of a portfolio of such contracts from the manufacturer’s perspective. The goal is to meet all the service requirements imposed by the contracts while minimizing total cost incurred. We develop deterministic integer programming models to generate the optimal maintenance schedules that minimize the total portfolio cost.
Srinivas Bollapragada, Aparna Gupta, Chaipat Lawsi
Added 13 Dec 2010
Updated 13 Dec 2010
Type Journal
Year 2007
Where EOR
Authors Srinivas Bollapragada, Aparna Gupta, Chaipat Lawsirirat
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