An Investigation of Variable Operating and Safety Level (VOSL) Stocking and Funding Policy.
Abstract
Control in the management of stocks of retail material (DSA) at Navy stock points is exercised through a centrally administered stocking policy model (VOSL) and funding policy. The dynamic behavior of these controls operating on a stock point was investigated by computer simulation. The simulation results indicate that under the most favorable circumstances, the value of resupply orders directed by the VOSL stocking model exceeded the grants made by the funding policy. Under less favorable, more realistic conditions, the difference between funding requirements and funding grants is more marked and supply performance degrades very significantly over time. (Modified author abstract)
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1974
- Accession Number
- AD0776303
Entities
People
- Richard Earl Lewis
- Robert Darol Perkins
Organizations
- Naval Postgraduate School