Accession Number : AD0743749

Title :   A Probabilistic Event-Step Computer Simulation of a Repairable Item Inventory System.

Descriptive Note : Master's thesis,

Corporate Author : NAVAL POSTGRADUATE SCHOOL MONTEREY CALIF

Personal Author(s) : Quirk,David J.

Report Date : MAR 1972

Pagination or Media Count : 106

Abstract : A probabilistic event-step computer simulation of a repairable item inventory system with exponential inner-arrival times between demands is constructed. The model allows for a wide variety of repair times and lead times to be considered. The major parameters are investigated for their sensitivity to system changes in order to help the user evaluate given or proposed inventory policies and parameters. A complete description of the model is presented and various measures of supply performance such as the expected number of unit years of backorders per unit period and the fill rate are provided. All flow charts and the GPSS/360 program listing are included. (Author)

Descriptors :   (*INVENTORY CONTROL, MATHEMATICAL MODELS), INVENTORY ANALYSIS, NAVAL PROCUREMENT, COSTS, DECISION MAKING, COMPUTER PROGRAMS, STATISTICAL ANALYSIS, LEAD TIME, SIMULATION, QUEUEING THEORY, MAINTENANCE, THESES

Subject Categories : Operations Research
      Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE