Stockage Policies for Medium and Low-Cost Parts

by Allen R. Ferguson, Louis Fisher

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A method for determining base and depot stock levels in the face of the dynamic and uncertain environment with which the Air Force supply system has to deal. The method examines the major variables which must be considered to achieve economical and effective provisioning and distribution under such circumstances. The study indicates what stockage rules should include, how the dynamics of weapon-system or other program phase-in or phase-out can be taken into account, how to free management to manage better the more costly and critical items, what further research is needed, and how the application of these as well as other supply policies can be improved.

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