Stock Control Problems: Some Fallacies in Their Current Treatment

Eric Duckworth

Journal of the Royal Statistical Society Series C, 1960, vol. 9, issue 3, 133-151

Abstract: In this article Mr Duckworth has not attempted a comprehensive review of stock control literature. Instead he shows how easy it is for fallacies to arise in the mathematical treatment of stock control problems, with results that might be extremely costly if they were applied to stock management.

Date: 1960
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