Maintenance of Supplies and Equipment. Techniques for Determining Optimal Operational Readiness Float
ARMY MATERIEL COMMAND ALEXANDRIA VA
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The techniques presently in use for calculating operational readiness float levels do not take into consideration the random nature of failures or the desirability to allocate stock levels to minimize the associated costs. A more sophisticated mathematical model taking these important points into account is presented. This procedure determines stock levels required to meet a desired float-availability goal at a minimum cost by using past demand data or appropriate estimates.
- Logistics, Military Facilities and Supplies