An investigation of scientific inventory management techniques applicable to the Navy Exchange Program
McEnearney, John E.
Preston, Floyd W.
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The purpose of the thesis is two-fold. First, the scientific basis of inventory management decision-making is investigated through the use of mathematical models. In particular, the traditional questions posed in any retail operation of "When do I order?", and "How much do I order?" will be answered by means of a thorough analysis of the Reorder Point formula and the Economic Order Quantity (EOQ) Concept. Second, an extremely useful but little known device for inventory managers called the Optimal Policy Curve will be developed, and its applicability to the Navy Exchange Program investigated.
This thesis document was issued under the authority of another institution, not NPS. At the time it was written, a copy was added to the NPS Library collection for reasons not now known. It has been included in the digital archive for its historical value to NPS. Not believed to be a CIVINS (Civilian Institutions) title.