Material Requirement Planning in Aircraft Maintenance

ABSTRACT: 

Aviation field always come across a common issue throughout the world while planning their materials in inventory. Cost of maintaining unwanted inventory can hit the revenue of the airline operations. So a near optimal solution is preferred for achieving this. Materials planning can be divided into two models i.e. stochastic and forecasted model. Most of the airlines throughout the world follow stochastic models such as Max-Min, Reorder point (ROP) method, etc. with the aid maintenance software packages widely available in market. It is found that they try to fit the same methodology in almost complex dependent demand products in aviation where demand is discrete. The appropriate method for this scenario i.e. Material Requirement Planning (MRP) is found to be not considered. MRP is nothing but a computerized inventory control and production planning system which helps in scheduling the planned order releases along with appropriate lot sizing.

Keywords: Inventory control, Maintenance, Materials, Material Requirement Planning (MRP), ABC analysis.

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