Date of Award

9-1994

Document Type

Thesis

Degree Name

Master of Science

First Advisor

Rodney P. Rice, PhD

Second Advisor

Karen W. Currie, PhD

Abstract

This study evaluates current and alternative physical inventory methodologies for the Wright-Patterson Medical Center Supply Activity. Four potential physical inventory alternatives were examined 1 100 percent annual physical inventory 2 statistical sampling, 3 continuous cyclic and 4 stratified cyclic. For each alternative the researchers used historical data and a site survey to estimate the effect on physical inventory costs and impact on customer service. The researchers found that statistical sampling was the most economically feasible alternative for the Wright-Patterson Medical Center. However, the method of stratified cyclic produced less extreme scores in both physical inventory cost and customer service parameters than did statistical sampling. The researchers found that further research is needed in the recommended methodologies of statistical sampling and stratified cyclic.

AFIT Designator

AFIT-GLM-LAR-94S-14

DTIC Accession Number

ADA285011

Comments

Co-authored thesis.

The authors' Vita pages are omitted.

Presented to the Faculty of the School of Logistics and Acquisition Management of the Air Force Institute of Technology.

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