An application and comparison of static marginal analysis and generalized Lagrange multipliers in generating a U.S. Navy repair materials requirement list.
Authors
Christensen, Jan Dyhr
Subjects
Lagrange Multipliers
Static Marginal Analysis
Repairables
Stockout
Optimization
Normal Approximation
Static Marginal Analysis
Repairables
Stockout
Optimization
Normal Approximation
Advisors
McMasters, A.W.
Date of Issue
1976
Date
December 1976
Publisher
Language
en_US
Abstract
An analysis is made of current Single Supply Support Control Point procedures for developing a Repair Material Requirements List. The objective is to minimize the expected cost of stockouts over all line items subject to a budget constraint. Static Marginal Analysis and Generalized Lagrange Multipliers are utilized in the generation of a revised Repair Material Requirements List. The revised and the present generation techniques are compared by the use of a simulation of a R3350 aircraft engine overhaul production facility. Both the Static Marginal Analysis and the Generalized Lagrange Multipliers techniques drastically reduced the number of stockouts and the number of subsequent orders. Given a choice between these techniques the Generalized Lagrange Multiplier approach appears preferable because it requires substantially less computer time to generate the list than did the Static Marginal Analysis.
Type
Thesis
Description
Series/Report No
Department
Administrative Sciences
Organization
Identifiers
NPS Report Number
Sponsors
Funding
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
Copyright is reserved by the copyright owner.