DID YOU KNOW? DTIC has over 3.5 million final reports on DoD funded research, development, test, and evaluation activities available to our registered users. Click
HERE to register or log in.
Accession Number:
ADA067762
Title:
An Exact n Echelon Inventory Model: The Simple Simon Method
Corporate Author:
ARMY INVENTORY RESEARCH OFFICE PHILADELPHIA PA
Report Date:
1979-03-01
Abstract:
The roots of this work are from a paper by Richard Simon 1 Stationary Properties of a Two-Echelon Inventory Model for Low Demand Items AD- 689 765. A subsequent paper by Kruse and Kaplan 2 claimed to correct Simons results, but Kruse 3 points out that Simons results are, nevertheless, correct in spite of the apparent logical error in their derivation. He also notes that both Simons and Kruse and Kaplans results reduce to a simple and intuitive form. We take a new look at the model in this paper with the intent of providing a more revealing analysis than appears in either 1 or 2. We then show how these 2-echelon results can be extended to model an N-echelon inventory system in a manner similar to the way the METRIC model uses Palms Theorem to accommodate an indefinite number of echelons.
Descriptive Note:
Technical rept.
Supplementary Note:
DOI: 10.21236/ADA067762
Pages:
0017
Distribution Statement:
Approved for public release; distribution is unlimited. Document partially illegible.
File Size:
0.73MB
