A Time Series Analysis of Recoverable Spares Requirements.
Abstract
The need for a better understanding of relationships between various logistics variables and spares requirements has become evident due to recent understatements of recoverable spares requirements. This thesis used Box-Jenkins time series analysis techniques to identify the linear relationships within and between C-130 spares requirements and flying hours. The analysis identified relationships within and between the two time series which are not currently considered in the linear regression forecasting model. A model which recognizes these additional relationships (time lags, seasonality, etc.) provides a better fit to the historical data, measured by a chi-square statistic but does not reduce dispersion about the mean, measured by the residual mean squared . This result is an indication that the relationship may not be linear. Additional data and research is required to confirm that the relationships are non-linear and to develop a model suitable for long range requirements forecasting.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1984
- Accession Number
- ADA147667
Entities
People
- T. G. Lockette
Organizations
- Air Force Institute of Technology