Accession Number:

AD0736540

Title:

A Stochastic Repairable Item Inventory Model.

Descriptive Note:

Master's thesis,

Corporate Author:

NAVAL POSTGRADUATE SCHOOL MONTEREY CALIF

Personal Author(s):

Report Date:

1971-09-01

Pagination or Media Count:

41.0

Abstract:

A model is constructed of a repairable item inventory system where on-hand stocks are resupplied both by repair and procurement. The basic properties of the model are analyzed. A Poisson failure process is assumed, and steady state probabilities are found for operation of the model under R,Q and S-1,S inventory policies. Further, a compound Poisson failure process under an S-1.S inventory policy is also analyzed. Measures of supply performance, such as expected number of backorders per unit time, are derived for the system under the various policies. Author

Subject Categories:

  • Operations Research
  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE