A Proposed Modification to the Criteria for Selecting Critical Items.
Abstract
A mathematical model has been developed for use in selecting items to receive the intensive management of the critical item program. The model has as its objective the minimization of essentiality-weighted NORS (Not Operationally Ready-Supply) downtime, subject to a cost constraint. Under the assumptions used in the model, a solution was obtained which reflects optimal use of funds available for procurement of spares. An empirical test is planned, to test the validity of the model and to make possible a 'calibration' of the scaled factors it introduces. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1970
- Accession Number
- AD0714069
Entities
People
- Herman S. Rappaport
- Irving Katz
- Layman J. Potter Jr.
- Victor J. Presutti Jr.