Measurement and Implications of Production Lead Time Variability.

Abstract

This is the final report for the US Army Inventory Research Office study, 'Measurement and Implications of Production Lead Time Variability,' (Proj 229). It describes empirical work on methods of forecasting Production Lead Times for secondary items. The forecast and a measure of its variability are to be used in the Variable Safety Level (VSL/EOQ) module of the Commodity Command Standard System. A six-year data base of the procurement history for aviation components was compiled and utilized in simulations of the candidate forecast methods. A method was selected on the basis of smallest aggregate forecast error. A test of this method suggests a significant improvement over the presently-used forecast method. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1979
Accession Number
ADA079435

Entities

People

  • Martin E. Cohen

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Air Force
  • Aircraft Equipment
  • Aircrafts
  • Classification
  • Computer Science
  • Data Processing
  • Databases
  • Industrial Engineering
  • Information Science
  • Lead Time
  • Logistics
  • Management Engineering
  • Procurement
  • Standards
  • Statistical Samples
  • Statistics
  • Systems Analysis

Readers

  • Life Cycle Cost Analysis
  • Logistics and Supply Chain Management.
  • Regression Analysis.