Accession Number:

ADA109295

Title:

An Inventory Model for Special Handling of Extreme Value Demands

Descriptive Note:

Technical rept.

Corporate Author:

NORTH CAROLINA UNIV AT CHAPEL HILL SCHOOL OF BUSINESS ADMINISTRATION

Report Date:

1981-12-01

Pagination or Media Count:

21.0

Abstract:

We develop a stationary, discrete-time inventory model with a point Tau, such that any demands that exceed the value of Tau are not filled from existing stock. We show under what conditions it is economically advantageous to use this model and provide some numerical results. We then show how to find the optimal value for Tau. Author

Subject Categories:

  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE