An Application and Comparison of Static Marginal Analysis and Generalized Lagrange Multipliers in Generating a U.S. Navy Repair Materials Requirement List.
NAVAL POSTGRADUATE SCHOOL MONTEREY CA
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An analysis is made of current single supply support control point procedures for developing a repair material requirements list. The objective is to minimize the expected cost of stockouts over all line items subject to a budget constraint. Static marginal analysis and generalized lagrange multipliers are utilized in the generation of a revised repair material requirements list. The revised and the present generation techniques are compared by the use of a simulation of a R3350 aircraft engine overhaul production facility. Both the static marginal analysis and the generalized lagrange multipliers techniques drastically reduced the number of stockouts and the number of subsequent orders. Given a choice between these techniques the generalized lagrange multiplier approach appears preferable because it requires substantially less computer time to generate the list than did the static marginal analysis. Author
- Logistics, Military Facilities and Supplies