Chapter 7 explores dynamic inventory and stock adjustment models in greater detail. Two examples are provided—one of production and inventory control and another of labor adjustment. Uncertainty is introduced in the context of an application to vaccine inventories.

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Inventory and Stock Adjustment Models

  • Gerald Shively

摘要

Chapter 7 explores dynamic inventory and stock adjustment models in greater detail. Two examples are provided—one of production and inventory control and another of labor adjustment. Uncertainty is introduced in the context of an application to vaccine inventories.