SURVEILLANCE PROGRAMS FOR DETERIORATING LOTS IN STORAGE
Technical rept. no. 56
STANFORD UNIV CA APPLIED MATHEMATICS AND STATISTICS LABS
Pagination or Media Count:
Military and civilian organizations require that a sufficient supply of materials be in storage to meet certain emergency needs that may arise. It is essential that a systematic program for the surveillance of stored items be maintained to insure that the supply of usable items is adequate. The determination of time between corrective actions is considered to minimize the total expected cost of the surveillance program. The operating characteristics of a given surveillance program are presented and a critical equation derived for general cost functions. It is developed and simplified for specific cost functions of interest with illustrative examples. Results are discussed and a suggestion made indicating how the principles can be applied in the initial absence of information regarding the distribution of storage life. Conclusions are summarized.
- Logistics, Military Facilities and Supplies