Cover: Continuous production and emergent demand.

Continuous production and emergent demand.

Published 1957

by T. A. Goldman

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An examination of a model of the real and monetary costs involved in supplying spare parts from current production. The model leads to a cost function for each part individually depending on its production characteristics, its demand-probability function, and certain policy variables. By choosing appropriate values for the policy variables, the cost function for each part can be minimized independently of the others.

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