Accession Number:

AD0733237

Title:

A Repairable Item Inventory System Using Dynamic Programming and Markov Processes.

Descriptive Note:

Master's thesis,

Corporate Author:

NAVAL POSTGRADUATE SCHOOL MONTEREY CALIF

Personal Author(s):

Report Date:

1971-09-01

Pagination or Media Count:

62.0

Abstract:

The thesis develops an analytical model of a repairable item inventory system. The system consisted of a depot that repaired failed units according to some repair policy and stocked ready-for-issue units in support of a finite number of customers. A least-cost repair policy and stock level was determined by use of a computer program which is included as an appendix. Author

Subject Categories:

  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE