NAVMET: A Four-Echelon Model for Determining the Optimal Quantity and Distribution of Navy Spare Aircraft Engines.
CORNELL UNIV ITHACA N Y DEPT OF OPERATIONS RESEARCH
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During the past 20 years a number of mathematical models have been developed related to inventory management of recoverable items that is, items subject to repair when they fail. This paper develops a four-echelon model called NAVMET for determining the optimal quantity and distribution of the Navys spare aircraft engines. An algorithm is also presented for computing these optimal stocks for each base or depot.
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