Accession Number : ADA194891
Title : Provisioning Policy Study.
Descriptive Note : Final rept. Feb-Jul 87,
Corporate Author : DEFENSE LOGISTICS AGENCY ALEXANDRIA VA OPERATIONS RESEARCH AND ECONOMIC ANALY SIS OFFICE
Personal Author(s) : Orchowsky, Stan
PDF Url : ADA194891
Report Date : Jul 1987
Pagination or Media Count : 38
Abstract : This project examined a number of alternative policies for buying and supporting provisioning items. Actual (historical) data was used in conjunction with a model of the inventory and provisioning systems. A statistical comparison of outcome measures, such as the total dollar of commitments and the number of backorders generated, was used to assess the alternatives provisioning policies. The results of the study identified several policies which significantly reduced the dollar value of inventory, and others which significantly reduced the number of backorders. In general, the provisioning policies evaluated demonstrated an inverse relationship between commitments and assets on the one hand and backorders on the other hand. Two particular policies were identified which slightly increased the dollar vlaue of commitments and assets, but significantly reduced the number of dollar value of backorders.
Descriptors : *STATISTICAL ANALYSIS, *INVENTORY ANALYSIS, COMPARISON, INVENTORY, POLICIES, MATHEMATICAL MODELS, LOGISTICS MANAGEMENT
Subject Categories : Logistics, Military Facilities and Supplies
Distribution Statement : APPROVED FOR PUBLIC RELEASE