A REAL TIME METRIC FOR THE DISTRIBUTION OF SERVICEABLE ASSETS,
Abstract
The memorandum describes a Real Time METRIC (a Multi-Echelon Technique for Recoverable Item Control) stockage model to aid decision makers in distributing recoverable spares between a depot and the bases it serves. Instead of using the current concept of base levels, RTM makes decisions about spares on an as-needed basis in continuous time, using current asset information. This approach requires information on the whereabouts of all spares in a system at any one time. Two RAND research efforts provided data that were used in simulations to compare RTM's effectiveness against that of the current concept of base levels: an F-4C and F-4D engine management study, and a 100-item distribution and depot scheduling model that was part of the Master Study Plan of the Advanced Logistics Systems Center. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1968
- Accession Number
- AD0676641
Entities
People
- Bruce L. Miller
Organizations
- RAND Corporation