Warehouse storage

Jeppesen Uses a Dynamic-Programming-Based DSS to Manage Inventory

Bill Tarantino Decision Support, Inventory Management

We developed a system for managing inventory at Jeppesen Sanderson, Inc., a major provider of aviation-information products. The system determines order quantities for charts used in flight manuals. These charts contain essential safety information that changes frequently, making standard methods for inventory management ineffective. We formulated the problem as a dynamic programming model and developed a simple heuristic-solution procedure for …