Evaluation of a Proposed UICP Levels Calculation for Consumable Items.

Abstract

This study is a cost-benefit analysis of a proposed levels (order quantity and reorder level) calculation for consumable items. The Computation and Research Evaluation System (CARES) III Analyzer was used to evaluate the proposal. The input data consisted of samples of 1H and 1R Cognizance (Cog) items. The criteria for evaluation were Total Variable Cost and Average Days Delay. Since the Navy inputes shortage cost from desired performance and budget levels, the relevant Total Variable Cost is the sum of procurement order cost and holding cost. Supply Material Availability was held constant at 85%. Additional cost projections were obtained concerning the implementation of a variable shortage cost.

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Document Details

Document Type
Technical Report
Publication Date
May 06, 1982
Accession Number
ADA115322

Entities

People

  • Charles J. Bondi

Tags

Communities of Interest

  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Air Force
  • Binomials
  • Computational Science
  • Computations
  • Cost Benefit Analysis
  • Cost Effectiveness
  • Costs
  • Inventory Control
  • Materials
  • Mathematical Models
  • Navy
  • Normal Distribution
  • Operations Research
  • Probability
  • Probability Distributions
  • Procurement
  • Test And Evaluation

Readers

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