Accession Number:

ADA007555

Title:

Statistical Problems in Inventory Control.

Descriptive Note:

Technical rept.,

Corporate Author:

YALE UNIV NEW HAVEN CONN SCHOOL OF ORGANIZATION AND MANAGEMENT

Personal Author(s):

Report Date:

1974-12-01

Pagination or Media Count:

279.0

Abstract:

As part of the on-going research program in Decision Control Models in Operations Research, this work has investigated the behavior of multi-item inventory control systems in which the underlying demand distributions are estimated from a limited sample of historical observations. Particular stress is placed on evaluating how well simple-to-use replenishment rules operate in an uncertain environment. The research approach employes both mathematical analysis and time series methods for computer simulations.

Subject Categories:

  • Administration and Management
  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE