Accession Number : AD0487024

Title :   INVENTORY APPLICATIONS OF SERVOMECHANISM MODELS.

Descriptive Note : Master's thesis,

Corporate Author : NAVAL POSTGRADUATE SCHOOL MONTEREY CA

Personal Author(s) : DeWinter, Richard Edward

Report Date : MAY 1966

Pagination or Media Count : 78

Abstract : A dynamic inventory control model, formulated in terms of discrete variable servomechanism theory, is examined. The behavior of the system is first analyzed by digital computer simulation. Both random and deterministic inputs are considered. Two double echelon models are then constructed and examined analytically utilizing transform theory. Finally, the properties of forecastors of demand are analyzed for the cases where mean demand is constant and linear. Exponential smoothing techniques are compared with standard estimation procedures. (Author)

Descriptors :   *INVENTORY CONTROL), (*SERVOMECHANISMS, MATHEMATICAL MODELS, DIGITAL COMPUTERS, SIMULATION, NUMERICAL ANALYSIS, COMPUTER PROGRAMMING, FLOW CHARTING, INVENTORY CONTROL, INVENTORY ANALYSIS, MATHEMATICAL PREDICTION.

Subject Categories : Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE