Some Models of Inventory and an Application
AbstractThis paper is concerned with two topics: (1) the development of mathematical models for several simple inventory situations, and (2) an industrial application of a mathematical model of inventory. Because T. M. Whitin has described in detail in this journal the present state of research in inventory control (Whitin, T. M. 1954. Inventory control research. Management Sci. I (November).), no attempt will be made to provide a review here. This paper is not an attempt to solve the "general inventory problem." On the contrary, the object is to deal with specific situations, and with an illustrative industrial application. The emphasis is on methodology of approach rather than on a general solution.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by INFORMS in its journal Management Science.
Volume (Year): 2 (1956)
Issue (Month): 4 (July)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Yang, Lei & Yang, Jian & Yu, Gang & Zhang, Hanqin, 2011. "Near-optimal (r,Q) policies for a two-stage serial inventory system with Poisson demand," International Journal of Production Economics, Elsevier, vol. 133(2), pages 728-735, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mirko Janc).
If references are entirely missing, you can add them using this form.