Accession Number : AD0668167

Title :   A CONTINUOUS INVENTORY PROBLEM.

Descriptive Note : Final rept.,

Corporate Author : NAVAL RESEARCH LAB WASHINGTON D C

Personal Author(s) : Hauptman,Herbert ; Ziffer,Arthur

Report Date : 21 FEB 1968

Pagination or Media Count : 15

Abstract : A basic inventory model which is concerned with stocking various amounts of n different items for a submarine going on patrol is considered. There are costs for overstocking and understocking each item, a probability distribution which specifies the probability that any number of each item will be required, and an overall volume constraint. The discrete model is then cast into continuous form and the resulting problem in constrained minimization is solved. (Author)

Descriptors :   (*SUBMARINES, INVENTORY CONTROL), (*INVENTORY CONTROL, OPTIMIZATION), NAVAL OPERATIONS, LOGISTICS, COSTS, DISTRIBUTION FUNCTIONS, PROBABILITY, MATHEMATICAL MODELS, THEOREMS

Subject Categories : Submarine Engineering
      Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE