An Application and Comparison of Static Marginal Analysis and Generalized Lagrange Multipliers in Generating a U.S. Navy Repair Materials Requirement List.
Abstract
An analysis is made of current single supply support control point procedures for developing a repair material requirements list. The objective is to minimize the expected cost of stockouts over all line items subject to a budget constraint. Static marginal analysis and generalized lagrange multipliers are utilized in the generation of a revised repair material requirements list. The revised and the present generation techniques are compared by the use of a simulation of a R3350 aircraft engine overhaul production facility. Both the static marginal analysis and the generalized lagrange multipliers techniques drastically reduced the number of stockouts and the number of subsequent orders. Given a choice between these techniques the generalized lagrange multiplier approach appears preferable because it requires substantially less computer time to generate the list than did the static marginal analysis. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1976
- Accession Number
- ADA036181
Entities
People
- Jan Dyhr Christensen
Organizations
- Naval Postgraduate School