Inventory and Price Equilibrium Models Applied to the Storage Problem

Martin J. Blake and Stanley R. Johnson

Journal of Agricultural and Applied Economics, 1979, vol. 11, issue 1, 169-173

Abstract: Currently developments in two bodies of literature address the determination of optimum levels of storage. One approach, the use of inventory models, has developed as a generalization of the familiar lot size problem in management science models [9, 17]. The decision unit in these models is the firm or frequently a decentralized management unit or authority [4, 12, 15].

Date: 1979
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