Study to Develop Improved EOQ Inventory Management Policies.

摘要

Several recent studies have shown that some of the fundamental assumptions used to derive the requirements computation formulas currently used in the D062 Economic Order Quantity (EOQ) Buy Computation System provide a poor approximation to the actual characteristics of AFLC EOQ items. This paper summarizes the results of a study to develop improved descriptions of EOQ demand and lead time characteristics, and to derive and evaluate alternate requirements calculations based upon this new knowledge. Four new requirements computation formulas were identified that appear to provide significant cost-effectiveness improvements. (Author)