Performance evaluation of military aircraft inventory forecasting systems

Downing, Matthew; Chipulu, Max; Ojiako, Udechukwu; Kaparis, Konstantinos

Abstract

In this article, the outcome of a study conducted to evaluate the effectiveness of a system utilized for military aircraft inventory forecasting and management is presented. The research objective was on the precision of the current system being used for inventory management. To conduct the study, both existing and proposed systems were compared by simulating stock level targets. The study finds that generic inventory forecasting systems do not deliver the level of precision required for specialist inventory forecasting.

Citation

Downing, M., Chipulu, M., Ojiako, U., & Kaparis, K. (2010). Performance evaluation of military aircraft inventory forecasting systems. Annals of Faculty of Engineering Hunedoara - International Journal of Engineering, 8(2), 89-94

• Journal Article Type: Article
• Publication Date: 2010
• Deposit Date: Oct 8, 2021
• Journal: Annals of Faculty of Engineering Hunedoara
• Print ISSN: 1584-2665
• Electronic ISSN: 2601-2332
• Peer Reviewed: Peer Reviewed
• Volume: 8
• Issue: 2
• Pages: 89-94
• Keywords: Inventory, forecasting
• Public URL: http://researchrepository.napier.ac.uk/Output/2803753
• Publisher URL: http://annals.fih.upt.ro/ANNALS-2010-2.html