haku: @author Katok, E. / yhteensä: 4
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| Tekijä: | Katok, E. |
| Otsikko: | Jeppesen Uses a Dynamic-Programming-Based DSS to Manage Inventory |
| Lehti: | Interfaces
2001 : NOV-DEC, VOL. 31:6, p. 54-65 |
| Asiasana: | DECISION SUPPORT SYSTEMS DECISION MAKING DYNAMIC PROGRAMMING INVENTORY CONTROL |
| Kieli: | eng |
| Tiivistelmä: | The authors developed a system for managing inventory at Jeppesen Sanderson, Inc., a major provider of aviation-information products. The system determines order quantities for charts used in flight manuals. These charts contain essential safety information that changes frequently, making standard methods for inventory management ineffective. The authors formulated the problem as a dynamic programming model and developed a simple heuristic-solution procedure for determining order quantities. Based on this procedure, the authors also developed a decision support system (DSS) and implemented it for 600 of the most expensive Jeppesen charts. The system has been in use since August 1998, generating actual annual cost reductions of over $800,000. |
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