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Determination Inventory Level for Aircraft Spare Parts Using Continuous Review Model
Azizah Aisyati, Wakhid Ahmad Jauhari, Cucuk Nur Rosyidi
Pages - 1 - 12     |    Revised - 15-01-2013     |    Published - 28-02-2013
Volume - 4   Issue - 1    |    Publication Date - April 2013  Table of Contents
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KEYWORDS
Inventory, Continuous Review, Order Quantity, Reorder Point, ABC Classification System
ABSTRACT
In this paper, we determine ordering quantity and reorder point for aircraft consumable spare parts. We use continuous review model to propose a spare part inventory policy that can be used in a aircraft maintenance company in Indonesia. We employ ABC classification system to categorize the spare parts based on their dollar contribution. We focus our research on managing the inventory level for spare parts on class A and B which commonly known as important classes. The result from the research indicates that the continuous review policy gives a significant amount of saving compared to an existing policy used by the company.
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Miss Azizah Aisyati
Department of Industrial Engineering Sebelas Maret University Jl. Ir Sutami 36A, Surakarta - Indonesia
aisyati@yahoo.com
Mr. Wakhid Ahmad Jauhari
Department of Industrial Engineering Sebelas Maret University Jl. Ir Sutami 36A, Surakarta - Indonesia
Mr. Cucuk Nur Rosyidi
Department of Industrial Engineering Sebelas Maret University Jl. Ir Sutami 36A, Surakarta - Indonesia