relation: http://miis.maths.ox.ac.uk/miis/120/
title: An Optimal Strategy for Maintaining Excess Capacity
creator: Gaur, Daya
subject: Transport and Automotive
subject: Aerospace and defence
subject: Finance
description: 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.
date: 1998-06-05
type: Study Group Report
type: NonPeerReviewed
format: application/pdf
language: en
identifier: http://miis.maths.ox.ac.uk/miis/120/1/boeing1.pdf
identifier:   Gaur, Daya  (1998) An Optimal Strategy for Maintaining Excess Capacity.  [Study Group Report]