An Analysis of the Ships Parts Control Center Inventory Model and a Possible Alternative Model

Abstract

The inventory model implemented is a sophisticated, stationary, continuous-review, constrained reorder-level, reorder-quantity model. In accordance with DOD Instruction 4140.39, the goal of this model is to minimize the total of variable inventory order and holding costs subject to a constraint on time-weighted, essentiality-weighted requisitions short. SPCC attempts to accomplish this goal by using various probability distributions to estimate demand during leadtime. The purpose of this thesis is to examine this existing model, to discuss the validity of its underlying assumptions when applied to a military supply system, to offer a possible alternative model using distribution free assumptions, and finally to evaluate the models.

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Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1977
Accession Number
ADA046508

Entities

People

  • Keith Wayne Lippert

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • C4I
  • Ground and Sea Platforms
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Computer Programs
  • Contract Administration
  • Contracts
  • Cost Analysis
  • Databases
  • Department Of Defense
  • Information Processing
  • Information Science
  • Inventory
  • Materials
  • Mathematical Models
  • Operations Research
  • Order Statistics
  • Probability Distributions
  • Procurement
  • Standards
  • United States

Readers

  • Logistics and Supply Chain Management.
  • Mathematical Modeling and Probability Theory.