Published March 1, 2021 | Version v1
Journal article

The Research of Monte-Carlo Method for Aviation Materials Demand Forecast Based on the Life of the Reliability

  • 1. College of Civil Aviation, Shenyang Aerospace University, Shenyang, Liaoning (China)
  • 2. College of Aerospace Engineering, Shenyang Aerospace University, Shenyang, Liaoning (China)

Description

With the rapid development of the aviation industry, the increasing number of missions and the impact of other new circumstances, the contradiction between supply and demand in aviation materials has become increasingly prominent. Consequently, more uncertainty and unpredictability in spare parts' demand, as well as the absence of accurate value of holding, overstocking and backordering costs, result in traditional inventory control policies ineffective. In order to make better use of the existing stock aviation material resources, it is necessary to study the optimization of aviation materials inventory management. In this paper, the reliability analysis of aviation materials maintenance data is conducted to grasp the occurrence rules of aviation materials failures, determine the failure distribution function, and establish a mathematical model of spare parts guarantee and demand based on stochastic process theory. The Monte-Carlo simulation method is used to calculate the aviation materials demand. The calculation results show that the method can achieve the purpose of controlling the inventory level through the demand under varying guarantee degrees, which makes the management of aviation materials more scientific. (paper)

Availability note (English)

Available from http://dx.doi.org/10.1088/1742-6596/1838/1/012009

Additional details

Publishing Information

Journal Title
Journal of Physics. Conference Series (Online)
Journal Volume
1838
Journal Issue
1
Journal Page Range
[7 p.]
ISSN
1742-6596

Conference

Title
8. annual International Conference on Material Science and Environmental Engineering
Acronym
MSEE 2020
Dates
20-21 Nov 2020
Place
Chengdu (China)

INIS

Country of Publication
United Kingdom
Country of Input or Organization
International Atomic Energy Agency (IAEA)
INIS RN
54052292
Subject category
S97: MATHEMATICAL METHODS AND COMPUTING; S36: MATERIALS SCIENCE;
Resource subtype / Literary indicator
Conference
Descriptors DEI
COMPUTERIZED SIMULATION; DISTRIBUTION FUNCTIONS; MATERIALS; MATHEMATICAL MODELS; MONTE CARLO METHOD; OPTIMIZATION; STOCHASTIC PROCESSES
Descriptors DEC
CALCULATION METHODS; FUNCTIONS; SIMULATION