Forecasting and strategic inventory placement for gas turbine aftermarket spares

Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering; in conjunction with the Leaders for Manufacturing Program at MIT, 2007.

Bibliographic Details
Main Author: Simmons, Joshua T. (Joshua Thomas)
Other Authors: David E. Hardt and Roy E. Welsch.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2007
Subjects:
Online Access:http://hdl.handle.net/1721.1/39685
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author Simmons, Joshua T. (Joshua Thomas)
author2 David E. Hardt and Roy E. Welsch.
author_facet David E. Hardt and Roy E. Welsch.
Simmons, Joshua T. (Joshua Thomas)
author_sort Simmons, Joshua T. (Joshua Thomas)
collection MIT
description Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering; in conjunction with the Leaders for Manufacturing Program at MIT, 2007.
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spelling mit-1721.1/396852022-01-28T19:28:08Z Forecasting and strategic inventory placement for gas turbine aftermarket spares Simmons, Joshua T. (Joshua Thomas) David E. Hardt and Roy E. Welsch. Leaders for Manufacturing Program. Leaders for Manufacturing Program at MIT Massachusetts Institute of Technology. Department of Mechanical Engineering Sloan School of Management Sloan School of Management. Mechanical Engineering. Leaders for Manufacturing Program. Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering; in conjunction with the Leaders for Manufacturing Program at MIT, 2007. Includes bibliographical references (p. 63-64). This thesis addresses the problem of forecasting demand for Life Limited Parts (LLPs) in the gas turbine engine aftermarket industry. It is based on work performed at Pratt & Whitney, a major producer of turbine engines. The author worked in the Global Materials Solutions program, Pratt & Whitney's latest business venture, in which they will provide OEM quality materials for the CFM56 engine manufactured by CFM International. The new business venture required a forecasting method that did not rely heavily on customer input or historic demand. A forecast was developed using publicly available aircraft utilization history for the LLPs in the aircraft. In addition, a methodology was proposed for the remaining parts that will be studied in a future LFM internship. In addition, an inventory placement analysis was completed for the GMS LLP supply chain. by Joshua T. Simmons. S.M. M.B.A. 2007-12-07T16:06:57Z 2007-12-07T16:06:57Z 2007 2007 Thesis http://hdl.handle.net/1721.1/39685 175303895 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 64 p. application/pdf Massachusetts Institute of Technology
spellingShingle Sloan School of Management.
Mechanical Engineering.
Leaders for Manufacturing Program.
Simmons, Joshua T. (Joshua Thomas)
Forecasting and strategic inventory placement for gas turbine aftermarket spares
title Forecasting and strategic inventory placement for gas turbine aftermarket spares
title_full Forecasting and strategic inventory placement for gas turbine aftermarket spares
title_fullStr Forecasting and strategic inventory placement for gas turbine aftermarket spares
title_full_unstemmed Forecasting and strategic inventory placement for gas turbine aftermarket spares
title_short Forecasting and strategic inventory placement for gas turbine aftermarket spares
title_sort forecasting and strategic inventory placement for gas turbine aftermarket spares
topic Sloan School of Management.
Mechanical Engineering.
Leaders for Manufacturing Program.
url http://hdl.handle.net/1721.1/39685
work_keys_str_mv AT simmonsjoshuatjoshuathomas forecastingandstrategicinventoryplacementforgasturbineaftermarketspares