Further notes on the loss resulting from the use of incorrect data in computing an optimal inventory policy
Joel Levy
Naval Research Logistics Quarterly, 1959, vol. 6, issue 1, 25-31
Abstract:
In the Naval Research Logistics Quarterly of March 1958, the author published some exploratory research on ‚Loss Resulting from the Use of Incorrect Data in Computing an Optimal Inventory Policy.”︁ The present paper continues these investigations by examining the effect of errors in the loss function (Part I) and in the discount rate (Part II).
Date: 1959
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https://doi.org/10.1002/nav.3800060104
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:6:y:1959:i:1:p:25-31
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