Managing assemblies with uncertain demands containing common parts
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United States of America Patent
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Nov 27, 2012
Grant Date -
Mar 18, 2010
app pub date -
Sep 15, 2008
filing date -
Sep 15, 2008
priority date (Note) -
Expired
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Abstract
A system and method for planning common-use parts in such a way that operating inventory levels are reduced without introducing more risk of parts outages. One embodiment comprises determining use of at least one common component in a plurality of product models, receiving a forecast for the plurality of product models that use the common component, computing a demand correction factor for each of the forecasts, and determining inventory requirements for the at least one common component based at least in part on the respective forecasts and demand correction factors.
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