Accession Number : AD0676641

Title :   A REAL TIME METRIC FOR THE DISTRIBUTION OF SERVICEABLE ASSETS,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Miller,Bruce L.

Report Date : OCT 1968

Pagination or Media Count : 41

Abstract : The memorandum describes a Real Time METRIC (a Multi-Echelon Technique for Recoverable Item Control) stockage model to aid decision makers in distributing recoverable spares between a depot and the bases it serves. Instead of using the current concept of base levels, RTM makes decisions about spares on an as-needed basis in continuous time, using current asset information. This approach requires information on the whereabouts of all spares in a system at any one time. Two RAND research efforts provided data that were used in simulations to compare RTM's effectiveness against that of the current concept of base levels: an F-4C and F-4D engine management study, and a 100-item distribution and depot scheduling model that was part of the Master Study Plan of the Advanced Logistics Systems Center. (Author)

Descriptors :   (*INVENTORY CONTROL, AIR FORCE EQUIPMENT), MANAGEMENT PLANNING AND CONTROL, DECISION MAKING, MILITARY REQUIREMENTS, SUPPLY DEPOTS, INVENTORY CONTROL, TURBOJET ENGINES, MATHEMATICAL MODELS, STATISTICAL ANALYSIS, SIMULATION, SCHEDULING, MAINTENANCE

Subject Categories : Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE