Edilson F. Arruda, Lino G. Marujo, Paula D. Elias, V.J.M. Ferreira Filho, \cortext[mycorrespondingauthor]Corresponding author
A new methodology to manage the low turnover spare parts inventory problem was provided.
A class of piecewise deterministic Markov process was developed
Random jumps were modelled by an algorithm based on stochastic dynamic programming.