A CONTINUOUS REVIEW MODEL FOR THE REPARABLE ITEM INVENTORY SYSTEM.

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Abstract:

In general, a reparable inventory system deals with two classes of the same type of item. The first class consists of those items which have been procured from the manufacturer and have never been put to use. The second class consists of those items which have been used, have failed, have been repaired, and are ready to be used again. In addition to the two classes of items, the system also contains two distinct inventories. These are the ready-for-issue and the non-ready-for-issue inventories. The ready-for-issue inventory contains both classes of items in their usable state, and the non-ready-for-issue inventory contains only the latter in its failed but reparable state. This paper develops a quasi-probabilistic inventory model for the reparable inventory system based on the premise that the repair facility is the primary source of inventory, with procurements being made periodically only to supplement this primary source. Author

Author(s):
Freiheit, James Edward
Author Organization(s):
NAVAL POSTGRADUATE SCHOOL MONTEREY CA
Descriptive Note:
Master's thesis,
Pagination:
0050

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release

RECORD

Collection: TR
Subject Terms
Communities of Interest:
No COI(s) Identified
Descriptor(s):
(*INVENTORY ANALYSIS, MATHEMATICAL MODELS), INVENTORY CONTROL, PLANNING, MAINTAINABILITY, STOCHASTIC PROCESSES, INTERACTIONS, COST EFFECTIVENESS, PROCUREMENT, COSTS, NUMERICAL METHODS AND PROCEDURES, ITERATIONS, DISTRIBUTION, PROBABILITY, THESES
Field(s)/Group(s):
Statistics and Probability
Keyword(s):
DEMAND, REPARABLE ITEM INVENTORY SYSTEMS
Report Date:
1967 Jun 01