Simple And Combined Inventory Policies, Production to Stock or to Order?

W. Popp
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W. Popp: University of California, Berkeley and Universität Zürich

Management Science, 1965, vol. 11, issue 9, 868-873

Abstract: In an inventory model three strategies can be applied, where two of the strategies are simple and one is a combination of the simple strategies. Conditions for preferences between the strategies are discussed. The problem in planning inventories and production is, to decide between production to stock, production to order and production partly to stock and partly to order.

Date: 1965
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