DEFENSE INVENTORY: Cost Factors Used to Manage Secondary Items

Abstract

At the end of fiscal year 1990, DODS inventory of secondary items was valued at over $100 billion. With a reduction in inventory of about $4billion in fiscal 199 1 and with the revaluation of inventory of about $14 billion, DODS secondary item inventory has reached a I-year low of $88billion. Beginning with fiscal 199 1 reporting, the value of inventory will be based on the latest acquisition cost, which includes the initial shipping and handling costs; the value of reparable items requiring repair will be reduced by the cost of repairs; and the value of potential excess stock will be reduced to salvage value.

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Document Details

Document Type
Technical Report
Publication Date
May 01, 1992
Accession Number
AD1102979

Entities

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Air Force Facilities
  • Contract Administration
  • Contracts
  • Department Of Defense
  • Foreign Military Sales
  • Inventory
  • Inventory Control
  • Lead Time
  • Logistics
  • Manufacturing
  • Marine Corps
  • Materials
  • Middle East
  • National Security
  • Procurement
  • Supply Depots
  • United States
  • Weapon Systems

Readers

  • Defense Financial Management and Audit.
  • Logistics and Supply Chain Management.