Analysis of the U.S. Navy Termination Model for Procurement Contracts

Abstract

This thesis analyzes the Navy's procurement contract termination model, the mathematical model on which the Navy's Inventory Control Points will rely to determine whether to terminate procurement actions on items in long supply. The analysis focuses on which costs are relevant to the model and which costs are irrelevant. Suggestions for improvement are offered which include both eliminating irrelevant costs considered by the model and adding relevant costs not considered. Finally, the thesis evaluates the model's recommendations for terminations over a range of values of key model parameters to determine which parameters have the most impact on the model's decisions. Then it recommends further research in determining more precise values for those parameters with the largest effect on the model's decisions.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1990
Accession Number
ADA240905

Entities

People

  • Terence G. Smith

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Contractors
  • Contracts
  • Department Of Defense
  • Economic Analysis
  • Equations
  • Governments
  • Inventory
  • Inventory Control
  • Investments
  • Lead Time
  • Mathematical Models
  • Money
  • Operations Research
  • Procurement
  • Production
  • Standards
  • Two Dimensional

Readers

  • Computational Modeling and Simulation
  • Government Contracting/Procurement.
  • Systems Analysis and Design