An Examination of the USAF (Q,R) Policies for Managing Depot-Base Inventories.
Abstract
This paper reports the results of a computer simulation experiment which compared the operating performance of the USAF current policy for managing depot-base inventories of nonreparable spares with the operating performance of two alternative policies -- a system myopic policy, and an allocation policy. Operating performance measures were: (1) Average annual order plus holding cost; (2) Average annual order plus acquisition cost; and (3) Average annual backorder-days at the bases. The study used demand history for a sample of 50 items currently stocked by the Odgen and Oklahoma depot systems. The report concludes that, at least under certain circumstances, system operating performance may be improved, perhaps substantially, by adoption of either of the proposed alternative policies.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 15, 1976
- Accession Number
- ADA031486
Entities
People
- Leroy B. Schwarz