An evaluation of the proposed MSRT replenishment model for wholesale consumable items

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Author
Boike, Richard E.
Stringer, Timothy H.
Date
1989-12Advisor
McMasters, Alan W.
Second Reader
Moore, T.P.
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Show full item recordAbstract
This thesis compares the current wholesale level consumable replenishment inventor\"
model, now in use at Na\7 Inventor\' Control Points (ICPs), with a proposed Mean
Supply Response Time (MSRT) Model. The purpose of the MSRT model is to introduce
a readiness measure into wholesale inventor\' management. The objective of the
MSRT model is to determine inventor}^ depths which minimize the mean supply response
time subject to not exceeding the inventor}' dollar investment provided by the
LTCP model for the same items. The MSRT model uses a marginal analysis optimization
procedure. A comparative analysis of the models' results indicates that the MSRT
model provides consistently better supply system performance, in terms of supply material
availability (SMA) and mean supply response time (in days), than the LICP model
for items with a medium to low average quarterly demand. For medium to high quarterly
demand items, there is no significant difference in the models' performances.
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