A New Look at Brown’s Dynamic Inventory System

William G. Howe
Additional contact information
William G. Howe: Knolls Atomic Power Laboratory, General Electric Company, Schenectady, New York

Operations Research, 1974, vol. 22, issue 4, 848-857

Abstract: Robert G. Brown's Statistical Forecasting for Inventory Control sketched out a dynamic inventory-control system with random demand and random lead time. For some reason, the system has had neither wide use nor further scrutiny. To rectify the situation, this paper puts both a more mathematical and a more meaningful basis under the system, and then discusses its actual operation and some possible extensions.

Date: 1974
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.1287/opre.22.4.848 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:22:y:1974:i:4:p:848-857

Access Statistics for this article

More articles in Operations Research from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().