A methodology for estimating expected usage of repair parts with application to parts with no usage history
Sheldon E. Haber and
Rosedith Sitgreaves
Naval Research Logistics Quarterly, 1970, vol. 17, issue 4, 535-546
Abstract:
In this paper a model is presented which focuses on the difficult problem of predicting demands for items with extremely low usage rates. These form the bulk of repair parts in military systems. The basic notion underlying the model is the pooling of usage data for common design items with movement for the purpose of estimating usage rates for similar items which have shown no movement. A unique feature of the model is that it also makes possible the estimation of usage rates for items newly introduced into a system for which no previous usage history is available.
Date: 1970
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https://doi.org/10.1002/nav.3800170411
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:17:y:1970:i:4:p:535-546
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