Analysis of the U.S. Navy termination model for procurement contracts
Loading...
Authors
Smith, Terence G.
Subjects
Procurement
Contract
Termination
Contract
Termination
Advisors
McMasters, Alan W.
Henderson, David R.
Date of Issue
1990-09
Date
1990-09
Publisher
Monterey, CA; Naval Postgraduate School
Language
Abstract
This thesis analyzes the Navy's procurement contract termination model, the mathematical model on which the Navy's Inventory Control Points will rely to determine whether to terminate procurement actions on items in long supply. The analysis focuses on which costs are relevant to the model and which costs are irrelevant. Suggestions for improvement are offered which include both eliminating irrelevant costs considered by the model and adding relevant costs not considered. Finally, the thesis evaluates the model's recommendations for terminations over a range of values of key model parameters to determine which parameters have the most impact on the model's decisions. Then it recommends further research in determining more precise values for those parameters with the largest effect on the model's decisions.
Type
Thesis
Description
Series/Report No
Department
Operations Research
Organization
Identifiers
NPS Report Number
Sponsors
Funder
Format
viii, 60 p.
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.