An optimal-inventory model.

Oliver Alfred Gross

ResearchPublished 1958

An attempt to determine what inventory-ordering policy maintains the inventory as low as possible at all times. A situation is considered where there is an empty inventory of two different items and where a buyer has the option at any time of ordering either of two specified kinds of packages-of different composition of the two items but of equal total amount-subject to the constraint that no item is allowed to be depleted for a positive length of time. The second part of this study discusses a proposed solution to a problem involving discrete replenishment, by tankers of specified type, of several kinds of continuously depleting petroleum products at three different port facilities

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  • Copyright: RAND Corporation
  • Availability: Available
  • Year: 1958
  • Print Format: Paperback
  • Paperback Pages: 25
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  • Document Number: RM-2279

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Gross, Oliver Alfred, An optimal-inventory model. RAND Corporation, RM-2279, 1958. As of September 24, 2024: https://www.rand.org/pubs/research_memoranda/RM2279.html
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Gross, Oliver Alfred, An optimal-inventory model. Santa Monica, CA: RAND Corporation, 1958. https://www.rand.org/pubs/research_memoranda/RM2279.html. Also available in print form.
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