Solution of a multi-echelon inventory model with possible item repair.
Authors
Hamilton, Howard Harvey.
Subjects
Advisors
Richards, F.R.
Date of Issue
1971
Date
September 1971
Publisher
Monterey, California ; Naval Postgraduate School
Language
en_US
Abstract
This thesis describes briefly the scope and nature
of multi-echelon inventory systems where item repair is
possible at the various levels. A model is created which
describes many commonly encountered real world systems.
Sets of non-comparable and comparable costs are specified
and a cost-effectiveness approach to the solution of the
model is outlined. A nonlinear program is developed where
the expected sum of comparable costs is minimized subject
to a given level of fill rate (effectiveness) provided by
the lower level stocking points to their customers.
Several remarks are then made to indicate possible solution
procedures for the program and characteristics and
uses for the cost-effectiveness alternatives developed.
Type
Thesis
Description
Series/Report No
Department
Operations Research and Administrative Sciences
Organization
Naval Postgraduate School
Identifiers
NPS Report Number
Sponsors
Funder
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.