Project 'EOQ' (Economic Order Quantity): Feasibility of Price Discounts in Procurement of Non-Reparable Spares

Abstract

The original objective of the project was an investigation of the feasibility of installing a price discount solicitation capability in AFLC's procurement system for non-reparable spares. However, the study was later broadened to include an analysis of the basic parameters used in economic order quantity computations. A technique was developed and operationally tested to solicite, evaluate and accept price discounts. A new method of computing the obsolescence rate used in economic order quantity computation was developed and tested. Several demand prediction techniques were also evaluated using four years of actual demand history.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1974
Accession Number
ADA000039

Entities

People

  • Howard A. Clark
  • Larry M. Austin
  • Michael S. Anselmi
  • Richard E. Carlburg

Organizations

  • United States Air Force Academy

Tags

Communities of Interest

  • Air Platforms
  • Human Systems

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Aircrafts
  • Business Administration
  • Commerce
  • Computational Science
  • Computations
  • Contracts
  • Cost Analysis
  • Government Procurement
  • Governments
  • Industrial Engineering
  • Investments
  • Logistics
  • Management Personnel
  • Mathematical Models
  • Procurement

Readers

  • Government Contracting/Procurement.
  • Logistics and Supply Chain Management.
  • Systems Analysis and Design