ORACLE (Oversight of Resources and Capability for Logistics Effectiveness) and Requirements Forecasting. Volume 3. Predicting the Peacetime Spares Requirements.
Abstract
The inability of the armed services to accurately forecast their spares requirements has been an ongoing and widespread problem. This Note considers a regression methodology for spares requirements forecasting, It contains a nontechnical description of current forecasting approaches, presents the approach suggested by the authors, and details the methods used to calculate the requirements for the C-5, the F-15, and the F-16 aircraft. The authors conclude that, even after eliminating collections of parts whose costs are difficult to predict, costs for the remainder of the requirements are difficult to predict with the needed accuracy. Keywords: Forecasting, Spare parts, Regression analysis, Military aircraft, Fighter aircraft, Data bases.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 01, 1988
- Accession Number
- ADA195390
Entities
People
- F. W. Finnegan
- Gordon B. Crawford
- Z. F. Lansdowne
Organizations
- RAND Corporation