Comments on Simon's Two-Echelon Inventory Model.

Abstract

An article entitled Stationary Properties of a Two-Echelon Inventory Model for Low Demand Items by R. M. Simon appeared in Operations Research, 19,3. An argument which is not always valid was used to find the stationary distribution of inventory. The paper presents a corrected version of Simon's methodology. (Author)

Document Details

Document Type
Technical Report
Publication Date
Nov 01, 1971
Accession Number
AD0736376

Entities

People

  • Alan J. Kaplan
  • W. Karl Kruse

Tags

DTIC Thesaurus Topics

  • Applied Mathematics
  • Inventory
  • Operations Research
  • Static Tests
  • Stationary
  • Test Methods

Readers

  • Computational Modeling and Simulation
  • Logistics and Supply Chain Management.
  • Statistical inference.