Accession Number : AD0670976

Title :   VARIANCE OF NET DEMAND FOR REPARABLE ITEMS.

Descriptive Note : Technical note,

Corporate Author : ARMY LOGISTICS MANAGEMENT CENTER FORT LEE VA

Personal Author(s) : Kaplan,Alan J.

Report Date : APR 1968

Pagination or Media Count : 11

Abstract : The problem of estimating the variance of net demand as opposed to total demand arises in connection with replacement demands: items demanded to replace those which are no longer serviceable, but which in many cases can eventually be repaired. A new formula is derived for estimating the variance of net demand. Underlying the derivation was an explicit consideration of the dynamics of the repair process. (Author)

Descriptors :   (*MILITARY SUPPLIES, *INVENTORY CONTROL), (*REPLACEMENT THEORY, ANALYSIS OF VARIANCE), INVENTORY CONTROL, MILITARY PROCUREMENT, MAINTENANCE, COSTS, TIME, APPROXIMATION(MATHEMATICS)

Subject Categories : Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE