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dc.contributor.advisorMcMasters, Alan W.
dc.contributor.authorGray, Richard D.
dc.dateDecember 1984
dc.date.accessioned2012-11-19T23:50:47Z
dc.date.available2012-11-19T23:50:47Z
dc.date.issued1984
dc.identifier.urihttp://hdl.handle.net/10945/19453
dc.description.abstractThe Ships Parts Control Center (SPCC) Uniform Inventory Control Program (UICP) wholesale replenishment model for 1H cognizance symbol (consumable) material is an order quantityreorder level or (Q,r) model. A stocked item's order quantity and reorder level are established in large part by the unit price and procurement lead time forecasted for it. When a replenishment is needed, the order quantity is specified and the procurement officer requests bids from vendors. These bids include both a unit price and an estimate of production lead time. The thesis examines the impact of differences between the forecasted and actual values for lead time apd price on the optimum total annual cost of stocking the item as computed by the UICP model. A modification of the model for comparison of the total annual cost associated with the lead time and price combination of each vendor bid is developed. Some expected effects of implementing the model are discussed and areas requiring further research are identified.
dc.description.urihttp://archive.org/details/amodelforevaluat1094519453
dc.language.isoen_US
dc.rightsThis 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.
dc.subject.lcshManagementen_US
dc.titleA model for evaluating vendor bids for stock replenishment of an item.en_US
dc.typeThesisen_US
dc.contributor.secondreaderSolis, Armando R.
dc.contributor.departmentAdministrative Sciences
dc.subject.authorInventory Modelen_US
dc.subject.authorUniform Inventory Control Program (UICP) Price break modelsen_US
dc.subject.authorProcurementen_US
dc.description.serviceLieutenant Commander, Supply Corps, United States Navy
etd.thesisdegree.nameM.S. in Managementen_US
etd.thesisdegree.levelMastersen_US
etd.thesisdegree.disciplineManagementen_US
etd.thesisdegree.grantorNaval Postgraduate Schoolen_US
dc.description.distributionstatementApproved for public release; distribution is unlimited.


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