Research Article

Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis

Volume: 8 Number: 1 February 28, 2026
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Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis

Abstract

Businesses benefit from forecasting, because it enables them to create data-driven plans and make well-informed business decisions. Defective product forecasting, on the other hand, predicts future defective parts for a company and ensures that the company is prepared for these shortcomings. This study's objective is to examine the defective parts arriving at the workshops monthly for 10 different products that are most frequently encountered by a large airline maintenance and repair company by using quantitative forecasting techniques, to determine the most appropriate forecasting model and to predict the number of defective products for the following periods. The study's data for the time frame January 2021 - December 2022 were used. With this data, defective product forecast for 2023 was made. Four different numerical forecasting methods were used and the forecasting efficiency of these four different models was determined by Mean Absolute Error (MAE), Mean Square Error (MSE) and Mean Absolute Percentage Error (MAPE) measures. Because of the research, Simple Exponential Smoothing Method (α = 0.90) gave the most successful prediction results, while Holt-Winters Method (α = 0.50, β = 0.30, γ = 0.80) gave the least successful prediction results. Therefore, this study shows how effective it is to use quantitative prediction techniques in the prediction of defective parts. In future research, different methods perhaps the study can incorporate machine learning algorithms to advance improve prediction accuracy and adaptability.

Keywords

References

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Details

Primary Language

English

Subjects

Business Administration, Industrial Organisation, Organisational Planning and Management

Journal Section

Research Article

Publication Date

February 28, 2026

Submission Date

April 16, 2025

Acceptance Date

September 30, 2025

Published in Issue

Year 2026 Volume: 8 Number: 1

APA
Ekin, E. (2026). Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis. Journal of Aviation Research, 8(1), 1-32. https://doi.org/10.51785/jar.1677452
AMA
1.Ekin E. Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis. JAR. 2026;8(1):1-32. doi:10.51785/jar.1677452
Chicago
Ekin, Emre. 2026. “Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis”. Journal of Aviation Research 8 (1): 1-32. https://doi.org/10.51785/jar.1677452.
EndNote
Ekin E (February 1, 2026) Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis. Journal of Aviation Research 8 1 1–32.
IEEE
[1]E. Ekin, “Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis”, JAR, vol. 8, no. 1, pp. 1–32, Feb. 2026, doi: 10.51785/jar.1677452.
ISNAD
Ekin, Emre. “Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis”. Journal of Aviation Research 8/1 (February 1, 2026): 1-32. https://doi.org/10.51785/jar.1677452.
JAMA
1.Ekin E. Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis. JAR. 2026;8:1–32.
MLA
Ekin, Emre. “Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis”. Journal of Aviation Research, vol. 8, no. 1, Feb. 2026, pp. 1-32, doi:10.51785/jar.1677452.
Vancouver
1.Emre Ekin. Quantitative Demand Forecasting of Spare Parts in The Aviation Industry: A Comparative Analysis. JAR. 2026 Feb. 1;8(1):1-32. doi:10.51785/jar.1677452