Accession Number:

AD0408530

Title:

OPTIMAL POLICIES FOR THE INVENTORY PROGRAM WITH NEGOTIABLE LEADTIME

Descriptive Note:

Corporate Author:

PLANNING RESEARCH CORP LOS ANGELES CA

Personal Author(s):

Report Date:

1962-10-05

Pagination or Media Count:

38.0

Abstract:

The dynamic inventory problem in which amounts of stock ordered at 2 unit prices are delivered at 2 later periods is discussed. It is demonstrated that under suitable cost conditions, the optimal policies are similar to those of the dynamic inventory problem with a delivery lag period. If we assume that ordering decisions are made in every other period, it is demonstrated that analogous results are obtainable for the case in which amounts of stock ordered at 3 unit prices are delivered, in 3 separate periods later.

Subject Categories:

  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE