Book/Printed Material Increasing cost-effective readiness for the U.S. Air Force by reducing supply chain variance : technical analysis of flying hour program variance Increasing cost-effective readiness for the United States Air Force by reducing supply chain variance / Technical analysis of flying hour program variance
About this Item
Title
- Increasing cost-effective readiness for the U.S. Air Force by reducing supply chain variance : technical analysis of flying hour program variance
Other Title
- Increasing cost-effective readiness for the United States Air Force by reducing supply chain variance
- Technical analysis of flying hour program variance
Summary
- "The Air Force spends about $4 billion annually to buy and repair spare parts for aircraft. One way to reduce these costs is to improve the accuracy of demand forecasts: Demand that runs lower than forecast levels results in excess parts; demand that runs higher results in shortages and reduced readiness. One way to improve spare part demand forecasts is to reduce the flying hour variance -- the difference between the number of flying hours that are forecast and the number that are actually flown. RAND researchers were asked to gauge the potential effect of flying hour variance on cost and readiness and identify policy options to rectify problems identified. They determined that although flying hour program variance resulted in a substantial opportunity cost, its effect on enterprise-level financial cost and readiness was relatively small. The Air Force is taking steps to reduce variance in the flying hour program, and researchers endorsed that effort. However, they indicated that other factors had much greater influence and should be dealt with to make significant reductions in the overall variance."--Publisher's description
Names
- Mills, Patrick, 1975- author
- Buryk, Peter, author
- Drew, John G., 1956- author
- Guo, Christopher, author
- Nowak, Sarah, author
- Vardavas, Raffaele, author
- Project Air Force (U.S.). Resource Management Program, issuing body
- Rand Corporation, publisher
Created / Published
- Santa Monica, CA : RAND Corporation, [2018]
- ©2018
Contents
- Background -- Quantifying the Negative Effects of Flying Hour Program Variance -- Conclusions and Recommendations
Headings
- - United States.--Air Force--Equipment and supplies--Inventory control
- - United States.--Air Force
- - Airplanes, Military--Parts--United States
- - Spare parts--Inventory control
- - Spare parts--United States--Management
- - Pièces de rechange--Gestion des stocks
- - Pièces de rechange--États-Unis--Gestion
- - Airplanes, Military--Parts
- - United States
Notes
- - "Prepared for the United States Air Force."
- - RAND Project Air Force
- - Includes bibliographical references (pages 47-49).
- - FA7014-16-D-1000
- - Description based on print version record; resource not viewed.
Medium
- 1 electronic resource (xx, 49 pages )
Call Number/Physical Location
- UC263
Digital Id
Library of Congress Control Number
- 2024739037
Rights Advisory
- This is non-restricted, fully open content that may be accessed on and off of the Library of Congress campus, with no restrictions, by an unlimited number of users
Access Advisory
- Unrestricted online access
Online Format
- image
LCCN Permalink
Additional Metadata Formats
Format
Contributor
- Buryk, Peter
- Drew, John G.
- Guo, Christopher
- Mills, Patrick
- Nowak, Sarah
- Project Air Force (U.S.). Resource Management Program
- Rand Corporation
- Vardavas, Raffaele