DETERMINING OPTIMAL ORDERING POLICY FOR THE NAVAL OPHTHALMIC SUPPORT AND TRAINING ACTIVITY (NOSTRA)
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Authors
Gavan, Ramon G., Jr.
Fowler, Jonathan J.
Subjects
two-bin Kanban
2-bin Kanban
inventory management
economic order quantity
EOQ
service level
2-bin Kanban
inventory management
economic order quantity
EOQ
service level
Advisors
Apte, Uday M.
Hudgens, Bryan J.
Date of Issue
2019-03
Date
Publisher
Monterey, CA; Naval Postgraduate School
Language
Abstract
This project analyzes the current inventory management practices for the Naval Ophthalmic Support and Training Activity (NOSTRA) to assess if there are industry best practices that NOSTRA could utilize to become more efficient. NOSTRA’s mission is to manufacture and supply eyewear to the entire Department of Defense. The two largest inventory line items that NOSTRA carries are lenses and spectacle frames; this project specifically studies the process for managing spectacle frame inventory. An analysis of NOSTRA’s current inventory management process revealed that NOSTRA utilizes a par level periodic review system. The findings of this report indicate that NOSTRA could potentially achieve efficiencies by categorizing its inventory and utilizing a 2-bin Kanban system to manage when inventory is needed and how much inventory is needed.
Type
Thesis
Description
MBA Professional Project
Series/Report No
Department
Business and Public Policy (GSBPP)
Business and Public Policy (GSBPP)
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Identifiers
NPS Report Number
Sponsors
Funder
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Citation
Distribution Statement
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.