A Note on Accelerated Dollar Averaging

George W. Wilson
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George W. Wilson: Indiana University

Management Science, 1961, vol. 7, issue 2, 184-186

Abstract: The policy of accelerated dollar averaging as discussed by William T. Morris is an excellent contribution (Morris, W. T. 1959. Some analysis of purchasing policy. Management Sci. 5 (4, July).) is essentially correct. The analysis, however, merits extension beyond the rather abbreviated treatment given in the article cited. Dollar averaging is a type of procurement policy whereby a given amount of money is spent at each purchasing opportunity. The amount actually bought at each period is then a function of the price prevailing at that time.

Date: 1961
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