ECONOMIC RETENTION LIMITS.

Abstract

Decision rules are formulated to be used by National Inventory Control Points in deciding whether to retain or dispose of stock in excess of their normal stockage quantities. These rules are justified. Separate rules are formulated for reparable and non-reparable types of secondary items. A number of related problems are solved including: determination of multi-year holding costs, determination of when to accept materiel offered to the control point by other supply organizations, determination of when to incur penalties in order to cancel or reduce procurement contracts. (Author)

Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1969
Accession Number
AD0691731

Entities

People

  • Alan J. Kaplan

Tags

DTIC Thesaurus Topics

  • Contracts
  • Inventory
  • Inventory Control
  • Organizational Structure
  • Procurement

Readers

  • Calculus or Mathematical Analysis
  • Government Contracting/Procurement.
  • Logistics and Supply Chain Management.