A Model for Evaluating Vendor Proposals for Price and Lead Time
NAVAL POSTGRADUATE SCHOOL MONTEREY CA
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This thesis presents a personal-computer model which can be used for comparison of vendor proposals for hardware items. It calculates the expected or average total annual costs associated with ordering, holding, backordering as well as the procurement costs to meet the expected annual demand for the hardware itself. It was developed for the Navys Rapid Acquisition of Manufactured Parts RAMP Program Office to demonstrate the cost savings associated with shorter production leadtimes. This thesis provides the mathematical development of the model, based on the Navys wholesale level consumable item model, and a users guide. The software is designed to run on LOTUS 123 or equivalent applications.
- Administration and Management
- Economics and Cost Analysis
- Computer Programming and Software
- Logistics, Military Facilities and Supplies