Percent Errors in the Estimation of Demand for Secondary Items.
ARMY ARMAMENT MUNITIONS AND CHEMICAL COMMAND ROCK ISLAND IL ANALYSIS DIV
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AMC subordinate commands use the Commodity Command Standard System CCSS to help manage secondary items. Percent errors in the estimation of demand are used by CCSS to compute economic order quantities and variable safety levels. Because the percent errors had not been verified for AMCCOM, this study computed percent errors from historical AMCCOM demand and return data. The percent errors found were roughly ten percent higher than the ones in use. It was recommended that the current percent errors be retained and that a limited number of serviceable returns be deducted from demand estimates. Author
- Logistics, Military Facilities and Supplies