Accession Number : AD0606194

Title :   A BRIEF REVIEW OF INVENTORY THEORY,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Geisler,Murray A.

Report Date : JAN 1962

Pagination or Media Count : 12

Abstract : This paper describes the current status of inventory theory by summarizing the main results that have been obtained in the subject, particularly in the last few years. Deterministic inventory models and probabilistic models are considered, we shall also distinguish and distinctions are made between the one-period and the N-period models. The implications of the result for the user of inventory theory are stressed.

Descriptors :   (*INVENTORY, MATHEMATICAL ANALYSIS), (*OPTIMIZATION, INVENTORY), MATHEMATICAL MODELS, INVENTORY ANALYSIS, MANAGEMENT ENGINEERING, COSTS, PROBABILITY, DYNAMIC PROGRAMMING, STATISTICAL ANALYSIS

Distribution Statement : APPROVED FOR PUBLIC RELEASE