Random Simulation of an Air Base Inventory Control System for a Reparable Part

Harrison S. Campbell

Expert InsightsPublished 1959

A description of a random sampling simulation (or Monte Carlo) model of an inventory control system for a single commodity. The system represented is the spare parts supply function of an Air Force base. This model may serve as a computational aid for simulating the response of a complex inventory system under varying conditions of uncertainty. The variables considered are the base resupply time for both routine and priority requisitions, the degree of reliance placed on base maintenance, and the relationship between supply decision rules, or stockage policies, and the demand prediction technique used.

Document Details

  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1959
  • Pages: 25
  • Document Number: P-1586

Citation

Chicago Manual of Style

Campbell, Harrison S., Random Simulation of an Air Base Inventory Control System for a Reparable Part. Santa Monica, CA: RAND Corporation, 1959. https://www.rand.org/pubs/papers/P1586.html.
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