Peak Policy for Reparable Parts
Abstract
Peak policy consists of new rules for managing sporadic demand item that set reorder points based on peak (highest in trailing # periods) demands and price-based multipliers, sets order quantities based on item price, change the threshold between replenishment and NSO, and forecast how often future demands occur instead of how much demand occurs. With regard to reparable items, peak policy may be applied in setting procurement level and setting repair levels. The activity threshold for reparables may be different from consumables. Several echelons of the supply chain can be analyzed.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 2007
- Accession Number
- ADA488328
Entities
People
- Carol Dezwarte
- Tovey Bachman
Organizations
- LMI