Acquisition planningProcurement action
LTB
Last Time Buy
Definition
A Last Time Buy is a final procurement of items before production discontinuation, providing sufficient quantities to support systems through planned operational life. LTB decisions address obsolescence by acquiring lifetime supplies before manufacturing ceases.
LTB planning requires accurate demand forecasting and storage capability. Understanding LTB implications helps contractors support obsolescence management programs. LTB quantities affect long-term support costs and inventory management requirements.
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