Handle Fleet Forecasting—Initial Exercises

Main Exercise

Purpose: The purpose of this lesson is to show you how to enter an operational budget. The table below shows which serial numbers, vehicle numbers and owners to use in the exercises:

Create an Operational Budget

Purpose: The purpose of this initial exercise is to show the students how to create a simple one-year operational budget for a fleet of 2 aircrafts.

Windows:
Operational Budget

1. Open the Operational Budget window and create a new record (F5).
2. Enter X747-900 as the Part Number and HQ as the Owner Org.
3. Enter a budget for next year. A reasonable budget for a fleet of two jumbo jets would be 7200 flight hours.
4. Save the information (F12).
5. Take a look at the distributed values in the Budget Month tab.
6. Click the Vehicles tab and have a look at the figures.
7. To cope with the demand for maintenance, reduce February's Budget Value for serial number X10000 to 200 FHR, and correct January's budget value to 400 FHR.
8. Save your changes (F12).
9. Now return to the Budget Month tab, select all the months, right-click and then click Approve to approve the budget. Note: Remember to first update the changed budget values for January and February.
10. Finally, right-click anywhere on the header of the window, and then click Approve to approve the entire budget.

Note: There are several conditions to be met to be able to approve your budget. Summarizing months value should give the exact figure for the year total, and the monthly distribution on all serials must equal the total month value.