Does anything beat doing nothing
Richard Schröder, E.C. Moncrief
Abstract
Richard Schröder, E.C. Moncrief
Abstract
Experience at more than 180 generating stations (including one-fourth of the commercially operating nuclear stations) with a total of more than $1 billion of inventory has shown that 40% of the on-hand inventory value is in excess of the amount required to meet availability objectives. The methodology for determining these proper stocking quantities was the subject of a previous paper. This paper addresses a process for determining the most economical course of action to accelerate the reduction of excess stocks.
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Experience at more than 180 generating stations (including one-fourth of the commercially operating nuclear stations) with a total of more than $1 billion of inventory has shown that 40% of the on-hand inventory value is in excess of the amount required to meet availability objectives. The methodology for determining these proper stocking quantities was the subject of a previous paper. This paper addresses a process for determining the most economical course of action to accelerate the reduction of excess stocks.
Key concepts: Environmental science, Waste management, Engineering, Operations management