On the use of a structural equation for determining inventory order quantities

Chandrasekhar Das

Naval Research Logistics Quarterly, 1985, vol. 32, issue 4, 689-692

Abstract: This article considers a structural equation useful for characterizing the order quantity of several inventory models. A correct interpretation of this equation is provided and it is stressed that the equation should be used in conjunction with another equation for the reorder point. Failure to do so may give rise to improper interpretations and invalid conclusions. A specific case like this is cited for the sake of illustration.

Date: 1985
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https://doi.org/10.1002/nav.3800320415

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:32:y:1985:i:4:p:689-692

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