Accession Number : AD0670977

Title :   IMPROVEMENT OF M.I.T. NON-REPARABLES MODEL.

Descriptive Note : Final rept.,

Corporate Author : ARMY LOGISTICS MANAGEMENT CENTER FORT LEE VA

Personal Author(s) : Deemer,Robert L. ; Hoekstra,Djoerd

Report Date : MAY 1968

Pagination or Media Count : 96

Abstract : Present implementation procedures of the MIT model for non-reparable items do not allow for 'undershooting' the reorder point. A factor is developed which, when added to the reorder point, will correct this undershooting. A backorder term is added to the original objective function and tables for a range of availability levels and other input parameters are computed. Finally, the application of inventory models when procurement contracts may result in scheduling of more than one delivery is considered. It is shown that the MIT model can be used to calculate the safety level if the delivery cycle is known. (Author)

Descriptors :   (*MILITARY SUPPLIES, INVENTORY CONTROL), (*INVENTORY CONTROL, MATHEMATICAL MODELS), INVENTORY CONTROL, REPLACEMENT THEORY, MILITARY PROCUREMENT, CONTRACTS, SCHEDULING, CORRECTIONS, FLOW CHARTING, OPTIMIZATION, TIME

Subject Categories : Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE