The MIIS Eprints Archive

An Optimal Strategy for Maintaining Excess Capacity

Gaur, Daya (1998) An Optimal Strategy for Maintaining Excess Capacity. [Study Group Report]



Boeing is a manufacturing industry with very low production volumes of very large units. As such, they experience huge fluctuations in demand. A standard inventory model dictates massive changes in production capacity as demand varies. However all such models assume a continuous production stream. In this report we investigate the following question whether such a model is sensible in a problem of such large scale granularity. We describe a combination of stochastic, financial and simulation models to model the production of airplanes. A preliminary simulation of the model is also presented.

Item Type:Study Group Report
Problem Sectors:Transport and Automotive
Aerospace and defence
Study Groups:Canadian Industrial Problem Solving Workshops > IPSW 2 (Calgary, Canada, Jun 1-5, 1998)
Company Name:Boeing Corporation
ID Code:120
Deposited By: Richard Booth
Deposited On:24 Jan 2008
Last Modified:29 May 2015 19:47

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