DTIC ADA201201: The Effect of the Covariance Factor on the Procurem... | |
by Defense Technical Information Center | |
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An analysis is made of the formulae used by the Navy's | |
Inventory Control Points in calculating the variance of | |
Net Leadtime Demand of repairable items. A new formula is | |
then derived, which makes use of actual calculations of | |
covariance between regenerations and demands. The | |
resulting variance values derived from the new formula | |
are compared with the variance values resident on the | |
Navy's Ships Parts Control Center data base and are shown | |
to produce lower variances. The new formula is also | |
compared to the option path formula to determine which | |
formula produces the smallest variance. The comparison | |
suggests an under-estimation of variances results when | |
the option path with its estimate of the covariance is | |
used. The thesis concludes with recommendations for | |
implementation of the new formula. | |
Date Published: 2018-02-21 04:06:49 | |
Identifier: DTIC_ADA201201 | |
Item Size: 29547487 | |
Language: english | |
Media Type: texts | |
# Topics | |
DTIC Archive; Adams, Keith T ; NAVAL ... | |
# Collections | |
dticarchive | |
additional_collections | |
# Uploaded by | |
@chris85 | |
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