DocumentCode
1831745
Title
Study on the inventory optimization model of aeronautic spare parts under the condition of uncertain demand
Author
Xingfang, Fu ; Juheng, Fang
Author_Institution
Xuzhou Air Force Coll., Xuzhou, China
Volume
5
fYear
2011
fDate
13-15 May 2011
Firstpage
225
Lastpage
228
Abstract
The accurate prediction of the demand of equipment can produce great economic returns through the proper storage of aeronautic spare parts. This paper, by analyzing the distribution of demand probability of aeronautic spare parts firstly, has established a systematic method model for the storage of aeronautic spare parts and conducted model solution with dynamic programming method, thus there are two points as conclusion. (1) solving the problem of inventory optimization whose aim is system optimization and whose index is expectation OOS number. The merit of this method is that it can get a group of global optimal solutions which is beneficial to analyze the results. (2) Of course the inventory optimization model whose goal index is expectation OOS number focuses on the OOS of equipment and does not consider the constraint problem of different equipment in the support process. So it needs further research in this task.
Keywords
aerospace components; aircraft maintenance; dynamic programming; inventory management; probability; storage; accurate prediction; aeronautic spare parts storage; constraint problem; demand probability; dynamic programming method; economic returns; equipment demand; expectation OOS number; global optimal solutions; goal index; inventory optimization model; support process; system optimization; uncertain demand; Analytical models; Compounds; Dynamic programming; Gaussian distribution; Indexes; Maintenance engineering; Optimization; aeronautic spare parts; expectation OOS number; model; optimization;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location
Guangzhou
Print_ISBN
978-1-61284-108-3
Type
conf
DOI
10.1109/ICBMEI.2011.5914464
Filename
5914464
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