Accession Number : AD0747646

Title :   Procurement Cycles and Safety Levels of Supply for Secondary Items,

Corporate Author : NAVY FLEET MATERIAL SUPPORT OFFICE MECHANICSBURG PA OPERATIONS ANALYSIS DEPT

Personal Author(s) : McNertney,R. L. ; Gates,J. A. ; Bissinger,B. H. ; Sullivan,E. F.

Report Date : 24 AUG 1972

Pagination or Media Count : 45

Abstract : DOD Instruction 4140.39 of 17 July 1970 establishes a policy for determining procurement cycles and safety levels of supply for nonreparable secondary items at ICPs (Inventory Control Points). Under this policy a uniform method is prescribed for calculating order and holding costs and for computing procurement cycles and safety levels. The purpose of the report is to present the results of analysis to develop decision rules for computing order quantities and safety levels in accordance with the model set forth in DODI 4140.39 and to investigate the consequences of its implementation. (Author)

Descriptors :   (*INVENTORY CONTROL, MATHEMATICAL MODELS), (*NAVAL PROCUREMENT, DECISION THEORY), LEAD TIME, COSTS, PROBABILITY, DISTRIBUTION FUNCTIONS, CURVE FITTING, GRAPHICS

Subject Categories : Operations Research
      Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE