CONTINUOUS PRODUCTION AND EMERGENT DEMAND

Abstract

A model of the real and monetary costs involved in supplying spare parts from current production is presented. The model leads to a cost function for each part individually depending on its production characteristics and its demand probability function, and on certain policy variables. By choosing appropriate values for the policy variables, the cost function for each part can be minimized independently of the others.

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Document Details

Document Type
Technical Report
Publication Date
Jul 09, 1957
Accession Number
AD0606261

Entities

People

  • T. A. Goldman

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Air Platforms

DTIC Thesaurus Topics

  • Air Force
  • Aircrafts
  • Assembly
  • Assembly Lines
  • Corporations
  • End Items
  • Intervals
  • Inventory
  • Inventory Control
  • Lead Time
  • Maintenance
  • Maintenance Requirements
  • Manufacturing
  • Probability
  • Production
  • Spare Parts

Readers

  • Logistics and Supply Chain Management.
  • Regression Analysis.