Gaur, Daya (1998) An Optimal Strategy for Maintaining Excess Capacity. [Study Group Report]
|
PDF
259kB |
Abstract
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 Finance |
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 |
Repository Staff Only: item control page