MATCHING THE AFLC REQUIREMENTS COMPUTATION POLICY TO THE OFFICIAL BASE STOCKAGE POLICY.
RAND CORP SANTA MONICA CALIF
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A temporary solution for simplifying the problem of estimating base retail stock levels. Four alternative methods are suggested. All assume that cdemand rates are proportional to some identifiable activity rate. Methods 1 and 4 are reasonably accurate and can be considered for actual use. Method 2 is useful only for clarifying the estimating problem. Method 3 is accurate only as long as demand and resupply time distributions remain constant it provides no way for forecasting future retail stocks when demand or supply is expected to change. The study stresses the need for further research on interbase demand distributions. Author
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- Operations Research