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MANAGING COMPLEX INVENTORY CONTROL PROBLEMS USING MATHEMATICAL DECISION RULES

Armstrong, George K

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Título:
MANAGING COMPLEX INVENTORY CONTROL PROBLEMS USING MATHEMATICAL DECISION RULES
Autor: Armstrong, George K
Assuntos: COSTS ; DECISION MAKING ; DISTRIBUTION ; INVENTORY ANALYSIS ; INVENTORY CONTROL ; LOGISTICS ; Logistics, Military Facilities and Supplies ; MAINTENANCE ; MANAGEMENT PLANNING AND CONTROL ; MILITARY BUDGETS ; NAVAL EQUIPMENT ; PROBLEM SOLVING ; SAMPLING ; STATISTICAL PROCESSES ; THESES ; TIME
Notas: DTIC AND NTIS
Descrição: The complexity of the inventory manager's problem requires that he seek out new and better ways of examining his alternatives and solving his day to day operating problems. To do so and still remain effectively in control, he must understand the limitation and capabilities of any mathematically conceived scheme that he utilizes and continuously exercise his management prerogative of setting, adjusting and insuring compliance with the parameters within which the system operates. This paper recognizes the methods that are available to management which allow computation of optimal order quantities, the time to order and associated safety level and forecasting of requirements. In addition to these three functional activities, management can use the three in combination to successfully plan and subsequently control the activities of an agency charged with the efficient and economical management of a large and diversified inventory.
Data de criação/publicação: 1962
Idioma: Inglês

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