Using Performance Measures to Allocate Consumable Funding
Abstract
This presentation will show the how the Air Force can use performance measures to allocate funds for consumable items. Often times, funds are allocated to individual bases using past usage, regardless of the performance achieved. Further, funding cuts are often peanut butter spread evenly across bases regardless of the performance impacts. The Air Force is now using the Customer Oriented Leveling Technique (COLT) to determine levels for consumable items at its bases. COLT is an optimization technique that finds the minimum unit customer wait time per stock fund dollar available. By changing the stopping conditions within COLT, we can change the projected performance at a base. We can do this in such a way to maintain overall costs, yet allocate levels/funds based on desired performance, equalizing performance or weighting it. Further, if we are required to source funds due to budget cuts or other shortfalls, it can be done in a way to equalize impact to the user. This allows the Air Force to better spend its funds.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 2007
- Accession Number
- ADA488391
Entities
People
- David Fulk
- Deborah Hileman
- Douglas Blazer
Organizations
- LMI