INVENTORY APPLICATIONS OF SERVOMECHANISM MODELS.

Abstract

A dynamic inventory control model, formulated in terms of discrete variable servomechanism theory, is examined. The behavior of the system is first analyzed by digital computer simulation. Both random and deterministic inputs are considered. Two double echelon models are then constructed and examined analytically utilizing transform theory. Finally, the properties of forecastors of demand are analyzed for the cases where mean demand is constant and linear. Exponential smoothing techniques are compared with standard estimation procedures. (Author)

Document Details

Document Type
Technical Report
Publication Date
May 01, 1966
Accession Number
AD0487024

Entities

People

  • Richard Edward Dewinter

Organizations

  • Naval Postgraduate School

Tags

DTIC Thesaurus Topics

  • Computer Simulations
  • Computers
  • Control Simulators
  • Digital Computers
  • Inventory
  • Inventory Control
  • Servomechanisms
  • Simulations
  • Simulators
  • Standards

Readers

  • Approximation Theory.
  • Logistics and Supply Chain Management.
  • Robotics and Automation.