Technical Note—On a Paper by Simon

W. Karl Kruse and Alan J. Kaplan
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W. Karl Kruse: AMC Inventory Research Office, Philadelphia, Pennsylvania
Alan J. Kaplan: AMC Inventory Research Office, Philadelphia, Pennsylvania

Operations Research, 1973, vol. 21, issue 6, 1318-1322

Abstract: In a paper on “Stationary Properties of a Two-Echelon Inventory Model for Low-Demand Items” [ Opns. Res. 19, 761–773 (1971)], R. M. Simon presents an argument for finding the stationary distribution of inventory position that is not always valid. This note gives a corrected version of Simon's method.

Date: 1973
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