Accession Number:

AD0655120

Title:

AN ADAPTIVE ORDER POINT-ORDER QUANTITY INVENTORY CONTROL PROCEDURE,

Descriptive Note:

Corporate Author:

DECISION STUDIES GROUP PALO ALTO CALIF

Personal Author(s):

Report Date:

1967-06-01

Pagination or Media Count:

26.0

Abstract:

An order point-order quantity inventory control procedure is examined and modified for application to time dependent demand processes. An adaptive order point-order quantity procedure is proposed using some of the methodology developed by G.E.P. Box. A digital computer simulation is used to compare the order point-order quantity procedures for different mean demand situations. Author

Subject Categories:

  • Administration and Management
  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE