Inventory Behavior
T. V. S. Ramamohan Rao ()
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T. V. S. Ramamohan Rao: Indian Institute of Technology Kanpur
Chapter Chapter 7 in Managerial Discretion in Imperfect Markets, 2023, pp 109-122 from Springer
Abstract:
Abstract Inventories play an important role in stabilizing production as well as demand. Uncertainties in demand and availability of finances may also induce firms to hold different forms of inventories. The geographic spread of demand necessitated the spread of retail inventories and production. These sources give rise to managerial discretion. Defining optimal inventory holding to minimize managerial discretion has not been achieved as yet.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-1537-8_7
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DOI: 10.1007/978-981-99-1537-8_7
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