Computation and Research Evaluation System (CARES) II,
Abstract
An objective of management in inventory control is the development of a system that permits optimum flexibility in seeking supply effectiveness (material availability) goals at minimum cost. Attainment of this objective at Navy Inventory Control Points requires the selection of control parameters that provide an acceptable workload of procurement actions while remaining within budget limitations for material. CARES (Computation and Research Evaluation System) 2 is a set of computer programs which emulate the performance of UICP (Uniform Inventory Control Point) system for ICPs and gives indications of effectiveness under operating conditions subject to budgetary constraints. It serves as a simulator, which considers the reparable items as well as consumable items. As a simulator CARES 2 aids the manager in his decision making process. By varying UICP parameter settings the impact of alternative budgetary and operational policies can be projected thereby allowing the inventory manager to plan by answering 'what if' questions more accurately. The report describes CARES 2, including applicable program documentation. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 05, 1972
- Accession Number
- AD0748186
Entities
People
- J. P. Shinskie
- R. A. Brumbaugh