Accession Number:
ADA010821
Title:
Development of Best Unit Price Data,
Descriptive Note:
Corporate Author:
NAVY FLEET MATERIAL SUPPORT OFFICE MECHANICSBURG PA OPERATIONS ANALYSIS DEPT
Personal Author(s):
Report Date:
1975-06-04
Pagination or Media Count:
46.0
Abstract:
Early in the provisioning process, an estimated price for a secondary item is provided which is often significantly less than that quoted at the time of item procurement. This inaccurate estimate often results in either 1 a cut back in the desired buy quantity, 2 the short changing of other programs, or 3 the administrative problem of reprogramming funds to cover requirements. Thus, it is important to investigate procedures which will improve the initial price estimate. A technique has been successfully applied to determine a representative replacement factor for families of items. The purpose of this study was to determine the feasibility of developing a best unit price for families of items. The principle cited and a number of alternatives were applied. It is concluded that the proposed method for developing best unit prices is inadequate and infeasible.
Descriptors:
Subject Categories:
- Logistics, Military Facilities and Supplies