CALCULATION OF REQUISITION MAXIMUM RELEASE QUANTITY BASED ON VARIANCE TO MEAN RATIO OF DEMAND.

Abstract

The report describes a method for calculating a maximum release quantity (MRQ) for routine (ADP) processing of MILSTRIP requisitions. Various models are formulated and their performances compared, using demand transactions for about 80 army tank automotive command items. Based on this analysis, an MRQ calculated as a linear function of an item's variance-to-mean ratio (VMR) of demand is tested for best results. (Author)

Document Details

Document Type
Technical Report
Publication Date
Feb 01, 1969
Accession Number
AD0689463

Entities

People

  • Chung-mei-ho

Tags

DTIC Thesaurus Topics

  • Behavior And Behavior Mechanisms
  • Behavioral Disciplines And Activities
  • Behavioral Sciences
  • Cooperation
  • Group Dynamics
  • Psychology

Readers

  • Logistics and Supply Chain Management.
  • Regression Analysis.