A Phased-Procurement Model for Application to F-14 Spare Parts Provisioning

Abstract

When a new aircraft, such as the F-14, is being bought, decisions on the quantities of spare parts to be bought are made even though information on expected demands, operating programs, and the final configuration of the aircraft is limited. For high-value, low-usage parts, which are those we consider, the minimum-cost strategy might be to defer procurement until demands occur. During the period of deferral, the Navy would buy the needed spare parts from a stock carried by the manufacturer or from the production line if no stock is held. The paper describes an algorithm for determining in what cases this would be the best policy.

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Document Details

Document Type
Technical Report
Publication Date
Nov 01, 1972
Accession Number
AD0758354

Entities

People

  • Arnold N. Schwartz
  • Bernard L. Perlman

Organizations

  • Center for Naval Analyses

Tags

Communities of Interest

  • Air Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Aircrafts
  • Classification
  • Contracts
  • Inventory
  • Life Cycles
  • Logistics
  • Maintenance
  • Mathematical Models
  • Models
  • Navy
  • Probabilistic Models
  • Procurement
  • Production
  • Security
  • Sensitivity
  • Spare Parts
  • Supply Chain Management

Readers

  • Logistics and Supply Chain Management.