Analysis of inventory record accuracy
By: by D.A. Schrady and W.D. Free
Contributors: Free, W. Dean; Naval Postgraduate School (U.S.)
Publisher: Naval Postgraduate School
Published: 1970
Place of publication: Monterey, California
Language: eng
Number of pages: 71
Subjects: Supplies and stores; Inventories; Inventory control; Mathematical models; United States. Navy; United States
Description: The inventory record accuracy problem was studied using a complex simulation model of stock point supply operations. Complete item and error data were obtained from various sources within the Navy Supply System. The experiments related the presence of stock record errors to supply operations, in terms of quantified measures, and in an environment of imperfect receipt and issue processing, and physical inventories, supply effectiveness was tested against record accuracy. A rational criterion for determining the optimal physical inventory policy was developed. (Author)
Notes: Title from cover.

"July 1970"--Cover.

"NPS-55SoFs0071A"--Cover.

DTIC Identifiers: Management information systems, poisson density functions, demand (economics)

Author(s) key words: Inventory record accuracy, supply effectiveness, wall-to-wall physical inventory, simulation, physical inventory.

Includes bibliographical references (p. 52)

"Approved for public release; distribution unlimited"--Cover.

Technical report; 1970.