A technique to assess the worth of inventory accounting systems

Abstract

This thesis contains an assessment of inventory accounting systems in use by the Navy, Air Force, and the private sector. Based on review of eight attributes, the private sector system was judged near optimum, the Air Force system as barely meeting the criteria, while the Navy system was judged as not meeting the criteria. Changes for the Navy system to meet the criteria were recommended. Also, recommendations for further testing of the approach, and possible uses of it are made.