Study of inventory strategies for recyclable parts of aviation material with limited inventory capacity

Author

Chunxun, Xie ; Hongguang, Yao

Author_Institution

Shanghai Univ. of Sci. & Technol.

fYear

2006

fDate

21-23 June 2006

Firstpage

411

Lastpage

414

Abstract

Aviation recyclable parts account for 70%-80% of the aviation material inventory fund, and they has been viewed as an emphasis of the aviation material management before. Because mostly the former study of recyclable parts of aviation material ignore the real inventory capacity of the warehouse, it failed to comprehensively reflect the real condition of the aviation material management of the airline´s recyclable parts. Focus on this problem, this article discusses the issue that how to best confirm order quantity of the aviation recyclable parts with limited inventory capacity and a relevant mathematic model is also set up to minimize total cost of the airline´s inventory

Keywords

aerospace materials; cost reduction; inventory management; recycling; travel industry; warehousing; airline recyclable parts; aviation material management; cost reduction; inventory strategies; warehouse; Aerospace materials; Aerospace safety; Costs; Economic forecasting; Inventory management; Investments; Logistics; Mathematical model; Mathematics; Weather forecasting; limited inventory capacity; order quantity; recyclable parts of aviation material;

fLanguage

English

Publisher

ieee

Conference_Titel

Service Operations and Logistics, and Informatics, 2006. SOLI '06. IEEE International Conference on

Conference_Location

Shanghai

Print_ISBN

1-4244-0317-0

Electronic_ISBN

1-4244-0318-9

Type

conf

DOI

10.1109/SOLI.2006.329038

Filename

4125615