Air Force Requirements: Cost of Buying Aircraft Consumable Items Can Be Reduced by Millions
Abstract
The Air Force manages about 400,000 aircraft consumable items ranging in cost from a few cents each to thousands of dollars. For fiscal year 1993, the Air Force has forecasted requirements for consumable items valued at about $4.5 billion. To satisfy this requirement, the Air Force is buying or plans to buy $1.8 billion of consumable items. The remainder will be satisfied by assets already on hand. The Air Force's five air logistics centers use a standard automated system known as the economic order quantity computation system to compute requirements and generate buy or on-order termination notices whenever assets on hand and on order either fall short of or exceed requirements. Buy and on-order termination notices are validated by item managers prior to final buy or termination decisions. The consumable item computation system considers a number of factors in making buy and on-order termination recommendations.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 01, 1992
- Accession Number
- AD1149629
Entities
People
- Nancy R. Kingsbury
Organizations
- United States Government Accountability Office