Date: 27/10/2021 ## Summary Overview of robust optimization Rotable optimization - spare part inventory management - purchase - exchange - repair - if part malfunctioning, can result in: - "no-go" - plane can fly for 3 days, 10 days, 30 days - based on severity ## Model Implmeneted in both Excel and GurobiPy - for a specific bolt - branch and bound simplex - similar results - could be more effective if dynamically updated as parts used - other parameters could be included - inventory cost, etc.