Accession Number : AD0689463

Title :   CALCULATION OF REQUISITION MAXIMUM RELEASE QUANTITY BASED ON VARIANCE TO MEAN RATIO OF DEMAND.

Descriptive Note : Final rept.,

Corporate Author : ARMY LOGISTICS MANAGEMENT CENTER FORT LEE VA

Personal Author(s) : Chung-Mei-Ho,

Report Date : FEB 1969

Pagination or Media Count : 38

Abstract : The report describes a method for calculating a maximum release quantity (MRQ) for routine (ADP) processing of MILSTRIP requisitions. Various models are formulated and their performances compared, using demand transactions for about 80 army tank automotive command items. Based on this analysis, an MRQ calculated as a linear function of an item's variance-to-mean ratio (VMR) of demand is tested for best results. (Author)

Descriptors :   (*ARMY EQUIPMENT, INVENTORY CONTROL), (*LOGISTICS, MATHEMATICAL MODELS), DATA PROCESSING, MATHEMATICAL MODELS, REGRESSION ANALYSIS, LINEAR SYSTEMS, NONLINEAR SYSTEMS, STATISTICAL PROCESSES, STANDARDS

Subject Categories : Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE