An optimal (S-1, S) inventory control policy for multi-indentured aircraft engine spare parts

• Main Author: Ang, Eugene Zheng Hao
• Other Authors: School of Mechanical and Aerospace Engineering
• Format: Final Year Project
• Language: English
• Published: 2010
• Subjects: DRNTU::Engineering::Aeronautical engineering::Aircraft motors and engines
• Online Access: http://hdl.handle.net/10356/38923
• Institution: Nanyang Technological University

This paper presents a mathematical model for determining optimal stock levels of a three-level indentured aircraft engine comprising modules and components. The mathematical model follows an (S-1, S) inventory control policy typically used for high cost, low demand repairable items. A (S-1, S) polic...