Decision on retention of excess stock following a normal probability law of obsolescence and deterioration

C. Mohan and R. C. Garg

Naval Research Logistics Quarterly, 1961, vol. 8, issue 3, 229-234

Abstract: This paper gives a method by which economic retention quantity of a material having a known shelf‐life and following a normal probability law of obsolescence and deterioration has been calculated. The relevant equations are solved by trial and error method.

Date: 1961
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https://doi.org/10.1002/nav.3800080305

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:8:y:1961:i:3:p:229-234

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