Accession Number:

AD0627644

Title:

A SYSTEM APPROACH TO BASIC STOCKAGE OF RECOVERABLE ITEMS,

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

Report Date:

1965-12-01

Pagination or Media Count:

46.0

Abstract:

The concluding Memorandum in a series AD-605 515, -613 470, -615 261 describing a system approach to setting base stock levels on recoverable items. Application of the system approach is demonstrated and its advantages indicated 1 a Bayesian procedure, using data on all items in the supply system, to provide improved demand estimates for individual items 2 a system cost-effectiveness curve displaying realistic alternatives 3 a mechanism for examining sensitivity to parameter changes and 4 comparison of different stockage policies. Author

Subject Categories:

  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE