An Analysis of Navy Inventory Models and A Proposal for Non-Automated Ships.

Abstract

The theoretical background of the Navy's inventory models is presented and the problems inherent in the models are discussed. The four principal Navy inventory models are described and evaluated, i.e., the Uniform Inventory Control Program (UICP) model, Variable Operating and Safety Level (VOSL) - the stock point model, the Shipboard Uniform Automated Data Processing System (SUADPS), and the non-automated afloat model. A new approach to Navy inventory management is presented. This new approach requires the models to be based on theory that assumes only information that can be accurately predicted and to operate using all such information that results in better inventory policies. It also requires the inventory manager to define his objective in reorder point determinations. A detailed proposed new model for non-automated ships, based on the new approach, is presented. The proposed model minimizes customer requisitions short subject to a constraint on average inventory investment and was found to be clearly superior to the present model based on computer simulation results. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1978
Accession Number
ADA061069

Entities

People

  • Howard Paul Gorman Jr

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Algorithms
  • Computer Programs
  • Computer Simulations
  • Computers
  • Data Processing
  • Department Of Defense
  • Inventory Control
  • Investments
  • Lead Time
  • Operations Research
  • Probability
  • Probability Distributions
  • Schools
  • Simulations
  • Simulators
  • United States
  • United States Naval Academy

Readers

  • Computational Modeling and Simulation
  • Logistics and Supply Chain Management.