Allocation under Uncertainty when the Demand has Continuous D.F

Salah E. Elmaghraby
Additional contact information
Salah E. Elmaghraby: Western Electric Co. Engineering Research Center, Princeton, New Jersey

Management Science, 1960, vol. 6, issue 3, 270-294

Abstract: The problem of allocation under uncertain demand, when the latter has a continuous distribution function, is treated. A necessary and sufficient condition for optimality is given, and a numerical example is solved. This solution is compared with the L.P. solutions obtained under the assumptions of constant demand and demand with discrete d.f. It is seen that considerable savings can be realized by considering d.f.'s as continuous if they so occur in nature.

Date: 1960
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://dx.doi.org/10.1287/mnsc.6.3.270 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:6:y:1960:i:3:p:270-294

Access Statistics for this article

More articles in Management Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().