Solution Techniques for Wholesale Provisioning of Replacement Parts.
Abstract
The purpose of this thesis is to present solution techniques for Provisioning problems arising in the Navy's wholesale purchase of replacement parts. The objective is to minimize the Mean Supply Response Time (MSRT) subject to a budget constraint. The problem can be formulated as a Dynamic Program (DP), however, it is too large and complex for a standard recursive dynamic approach. Consequently, a variation of the normal DP approach was developed that significantly reduces the required computations. An existing DP computer program was modified to implement this DP variation. The result is a useable approach considering speed and ease of manipulation. Originator supplied keywords include: Wholesale provisioning; Dynamic programming.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1984
- Accession Number
- ADA152137
Entities
People
- W. A. Goulding
Organizations
- Naval Postgraduate School