DETERMINING OPTIMAL ORDERING POLICY FOR THE NAVAL OPHTHALMIC SUPPORT AND TRAINING ACTIVITY (NOSTRA)

MBA Professional ProjectThis project analyzes the current inventory management practices for the Naval Ophthalmic Support and Training Activity (NOSTRA) to assess if there are industry best practices that NOSTRA could utilize to become more efficient. NOSTRA’s mission is to manufacture and supply eyewear to the entire Department of Defense. The two largest inventory line items that NOSTRA carries are lenses and spectacle frames; this project specifically studies the process for managing spectacle frame inventory. An analysis of NOSTRA’s current inventory management process revealed that NOSTRA utilizes a par level periodic review system. The findings of this report indicate that NOSTRA could potentially achieve efficiencies by categorizing its inventory and utilizing a 2-bin Kanban system to manage when inventory is needed and how much inventory is needed.http://archive.org/details/determiningoptim1094562252Lieutenant, United States NavyLieutenant Commander, United States Nav