VARIANCE OF NET DEMAND FOR REPARABLE ITEMS.

Abstract

The problem of estimating the variance of net demand as opposed to total demand arises in connection with replacement demands: items demanded to replace those which are no longer serviceable, but which in many cases can eventually be repaired. A new formula is derived for estimating the variance of net demand. Underlying the derivation was an explicit consideration of the dynamics of the repair process. (Author)

Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1968
Accession Number
AD0670976

Entities

People

  • Alan J. Kaplan

Tags

DTIC Thesaurus Topics

  • Dynamics

Readers

  • Life Cycle Cost Analysis
  • Logistics and Supply Chain Management.
  • Statistical inference.