%0 Generic
%A Gaur, Daya
%D 1998
%F miis:120
%T An Optimal Strategy for Maintaining Excess Capacity 
%U http://www.maths-in-industry.org/miis/120/
%X Boeing is a manufacturing industry with very low production volumes of very large units. As such, they experience huge fluctuations in demand. A standard inventory model dictates massive changes in production capacity as demand varies.  However all such models assume a continuous production stream. In this report we investigate the following question whether such a model is sensible in a problem of such large scale granularity. We describe a combination of stochastic, financial and simulation models to model the production of airplanes. A  preliminary simulation of the model is also presented.