Mathematical treatment of a stockpiling problem
J. M. Danskin
Naval Research Logistics Quarterly, 1955, vol. 2, issue 1‐2, 99-109
Abstract:
If money is spent too fast while stockpiling for a contingency, production may be highly inefficient. If it is spent too slowly, there may be too little stockpile when the contingency comes. The problem of finding an optimum spending rate in one of these situations is discussed.
Date: 1955
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https://doi.org/10.1002/nav.3800020110
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:2:y:1955:i:1-2:p:99-109
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