Research Catalog

Right price, fair credit : criteria to improve financial incentives for Army logistics decisions

Title
Right price, fair credit : criteria to improve financial incentives for Army logistics decisions / Ellen M, Pint [and others].
Publication
Santa Monica, CA : RAND, 2002.

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StatusFormatAccessCall NumberItem Location
TextUse in library UC263 .P56 2001Off-site

Details

Additional Authors
  • Pint, Ellen M. (Ellen Marie), 1960-
  • United States. Army.
  • Arroyo Center.
Description
xxii, 73 pages : illustrations; 23 cm.
Summary
Under the Army's financial management system for spare parts, logistics customers receive budgets to buy spare parts from the supply system and receive credits for returning parts to the supply system, either for repair or because they are no longer needed in local inventories. The Army's wholesale inventories of spare parts are financed by a "stock fund," which uses its income from the sale of parts, net of credits issued to customers, to pay for repairs and procurement of replacement parts. Some installation-level, or retail, inventories are also financed by stock funds. During fiscal year 2001, the Army's stock funds were in a period of transition from separate wholesale and retail components to a Single Stock Fund (SSF). As part of this change, the Army implemented new price and credit policies for spare parts. In this document, the authors introduce a set of criteria to assess price and credit policy changes in terms of their effectiveness in meeting the overall objective of maintaining the logistics customer's ability to meet mission requirements while keeping weapon systems in operating condition at the lowest total cost to the Army. The authors then use these criteria to compare and evaluate pre-SSF, SSF, and proposed future price and credit policies, and define the characteristics of an optimal Army price and credit policy.
Series Statement
Rand Corporation ; MR-1150-A
Uniform Title
Rand Corporation ; MR-1150-A.
Subject
  • United States. Army > Supplies and stores > Prices
  • United States. Army
  • Spare parts > Prices > United States
  • POLITICAL SCIENCE > Political Freedom & Security > General
  • Armed Forces > Supplies and stores > Prices
  • Spare parts > Prices
  • United States
Note
  • "MR-1150."
Bibliography (note)
  • Includes bibliographical references.
Contents
Ch. 1. Introduction -- Ch. 2. Criteria for Evaluating Price and Credit Policies -- Ch. 3. Applying Criteria to Evaluate Past, Current, and Proposed Policies -- Ch. 4. Characteristics of an Optimal Price and Credit Policy -- App. History of the Reduced Price Initiative (RPI).
ISBN
  • 0833029525
  • 9780833029522
LCCN
2001020484
OCLC
  • ocm46314847
  • 46314847
  • SCSB-1248742
Owning Institutions
Princeton University Library