Method and apparatus for managing product end of life

摘要

A method of managing product end of life over an end of life horizon includes the step of selecting an objective of either maximizing gross profit or minimizing writeoff costs for a selected plurality of products being discontinued. The products may have parts in common. A subset of all possible combinations of product demand levels is selected. Each combination is associated with a probability. A procurement plan that optimizes the selected objective is generated based on the selected subset of demand levels given a non-zero pre-existing inventory of at least some parts of the selected products.