Accession Number : ADA187269

Title :   A Handbook of Supply Inventory Models.

Descriptive Note : Master's thesis,

Corporate Author : AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF SYSTEMS AND LOGISTICS

Personal Author(s) : Hood, William C

PDF Url : ADA187269

Report Date : Sep 1987

Pagination or Media Count : 164

Abstract : Supply officers at all levels of the Air Force have no comprehensive reference source which explain the derivations, assumptions, and uses of inventory models that they might be using daily. This handbook serves to provide a specific text on Air Force inventory models that these personnel can use to study inventory theory. For each model in the handbook, the background is discussed, assumptions listed, and the model is presented mathematically. A simple example accompanies each model. Five categories of mathematical models are addressed. The Air Force manages thousands of non-recoverable items using a variation of the classical Economic Order Quantity (EOQ) model. Therefore, this handbook first discusses the EOQ model theory and how it is applied in the Air Force. Second, a chapter is devoted to the Repair Cycle Demand Level (RCDL) inventory model which is a simple pipeline model found in the Standard Base Supply System (SBSS). The third category of models covered are the backorder centered models for recoverable assets which use expected backorders as a performance measure. The fourth category of models covered are the availability centered models which use operational criteria as a performance measure. The last category of models discussed are forecasting models in use at base and depot level.

Descriptors :   *INVENTORY ANALYSIS, *SUPPLY DEPOTS, *INVENTORY ANALYSIS, AVAILABILITY, CYCLES, ECONOMICS, FORECASTING, HANDBOOKS, INVENTORY, MATHEMATICAL MODELS, MODEL THEORY, PIPELINES, QUANTITY, REPAIR, SOURCES, THESES, RESOURCE MANAGEMENT, AIR FORCE PERSONNEL, SYSTEMS MANAGEMENT, AIR FORCE LOGISTICS COMMAND, AIR FORCE EQUIPMENT

Subject Categories : Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE