A Model for Evaluating Vendor Proposals for Price and Lead Time

Abstract

This thesis presents a personal-computer model which can be used for comparison of vendor proposals for hardware items. It calculates the expected (or average) total annual costs associated with ordering, holding, backordering as well as the procurement costs to meet the expected annual demand for the hardware itself. It was developed for the Navy's Rapid Acquisition of Manufactured Parts (RAMP) Program Office to demonstrate the cost savings associated with shorter production leadtimes. This thesis provides the mathematical development of the model, based on the Navy's wholesale level consumable item model, and a user's guide. The software is designed to run on LOTUS 123 or equivalent applications.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Dec 16, 1993
Accession Number
ADA277647

Entities

People

  • Arthur B. Horsley

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Acquisition
  • Computer Programming
  • Computer Science
  • Computers
  • Contracts
  • Department Of Defense
  • Engineering
  • Fabrication
  • Government Procurement
  • Instructions
  • Inventory Control
  • Management Personnel
  • Manufacturing
  • Personal Computers
  • Probability Distributions
  • Procurement
  • Reverse Engineering

Readers

  • Computer Science.
  • Life Cycle Cost Analysis
  • Logistics and Supply Chain Management.