Basic inventory management techniques for the Republic of China
basicinventoryma00chen.pdf (3.570Mb)Abstract
Lacking further development of mathematical inventory models and well utilized
automated records, the Republic of China (ROC) Naval supply system cannot operate
efficiently and effectively. The constraints of budget, foreign exchange and
unpredictable procurement lead times have resulted in an inventory level higher than
optimal. However, the inventory management process and overall supply support
performance could be improved using theoretical and practical approaches. The three
objectives of this thesis are : to analyze the ROC Navy's inventory models; suggest
possible improvements; and recommend appropriate changes. The desired benefits would
be to improve the existing inventory management system, and relieve inventory control
problems in the ROC Navy.
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