?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=http%3A%2F%2Fmiis.maths.ox.ac.uk%2Fmiis%2F120%2F&rft.title=An+Optimal+Strategy+for+Maintaining+Excess+Capacity&rft.creator=Gaur%2C+Daya&rft.subject=Transport+and+Automotive&rft.subject=Aerospace+and+defence&rft.subject=Finance&rft.description=Boeing+is+a+manufacturing+industry+with+very+low+production+volumes+of+very+large+units.+As+such%2C+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%2C+financial+and+simulation+models+to+model+the+production+of+airplanes.+A++preliminary+simulation+of+the+model+is+also+presented.&rft.date=1998-06-05&rft.type=Study+Group+Report&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=http%3A%2F%2Fmiis.maths.ox.ac.uk%2Fmiis%2F120%2F1%2Fboeing1.pdf&rft.identifier=++Gaur%2C+Daya++(1998)+An+Optimal+Strategy+for+Maintaining+Excess+Capacity.++%5BStudy+Group+Report%5D+++++