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dc.contributor.advisorBrown, David G.
dc.contributor.advisorLiao, Shu S.
dc.contributor.authorJaw, Ping Yang.
dc.dateMarch 1995
dc.date.accessioned2013-04-29T22:51:31Z
dc.date.available2013-04-29T22:51:31Z
dc.date.issued1995-03
dc.identifier.urihttp://hdl.handle.net/10945/31565
dc.description.abstractInventory control is an important element of both business and military cost control and readiness. The Taiwan Army Logistic Agency (TALA) has used a combination of mathematical inventory models, arithmetic average, three month moving average and experience to project future demand. Implicit is that the mean of monthly demand for an item remains steady over time. This assumption has proven to be incorrect during periods of force reduction, equipment is replaced or retired, or when there is a cyclical demand. Once an unusual demand pattern occurs, inventory control becomes unpredictable. Inapplicable inventory methods in the TALA have been estimated to cost as much as several million dollars. TALA has focussed on advanced forecasting methods, Exponential Weighted Moving Average (EWMA)to solve this problem. This may reduce inapplicable inventory to some extent. Residual inventory and shortage are also factors in cost control. In this research we will explore the appropriate approach to solve these problems to make the inventory control more efficient.en_US
dc.format.extent69 p.en_US
dc.language.isoen_US
dc.publisherMonterey, California. Naval Postgraduate Schoolen_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. As such, it is in the public domain, and under the provisions of Title 17, United States Code, Section 105, may not be copyrighted.en_US
dc.titleForecasting and inventory area model choiceen_US
dc.typeThesisen_US
dc.contributor.departmentSystem Management
dc.description.funderNAen_US
dc.description.recognitionNAen_US
dc.description.serviceRepublic of China (Taiwan) Army author.en_US
etd.thesisdegree.nameM.S. in System Managementen_US
etd.thesisdegree.levelMastersen_US
etd.thesisdegree.disciplineSystem Managementen_US
etd.thesisdegree.grantorNaval Postgraduate Schoolen_US


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