Cover: Simulation in Rand's logistics systems laboratory: laboratory problem

Simulation in Rand's logistics systems laboratory: laboratory problem

Published 1958

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A description of the cost-effectiveness results of Laboratory Problem I, an attempt to simulate and compare two large logistics systems, identical except for the policies governing them and the resulting differences in resources. The deferred procurement policy is shown to save the Air Force a considerable amount of money at not much loss in effectiveness, but at some risk of higher AOCP rates for some parts.

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