Military essentiality in inventory management
Loading...
Authors
Jablonski, Felix J.
Rixey, Charles W.
Subjects
Advisors
Date of Issue
1961
Date
Publisher
Monterey, California: U.S. Naval Postgraduate School
Language
en_US
Abstract
The essentiality rankings of stock items is a universal unsolved problem in inventory management. The role played by essentiality factors in mathematical inventory control models is discussed. Several methods for item essentiality ranking in present military use are described. A proposal is set forth to accomplish military essentiality ranking by statistical examination of the numerical priorities assigned to requisitions for each item. The characteristics of the U. S. Navy priority system which give justification to this proposal are pointed out. A limited experiment is described wherein the essentiality rankings produced by the proposed system are compared with these produced by Stanford Research Institute's essentiality formula in use at the Electronics Supply Office. The experiment, involving a small homogeneous sample of electronic tube items, indicated agreement (in the
sense of positive correlation) between the results produced by the two systems. A more com-
plete experiment with a more heterogeneous sample of items is recommended.
Type
Thesis
Description
Please note this document is presented as accurately as the source original permitted. The original photo-quality jp2 files, generated by Internet Archive before the .pdf version was created, are presented here, for comparison. Other versions of this title may be obtained at http://www.archive.org/details/militaryessentia00jabl.