A Test of a Statistical Method for Computing Selected Inventory Model Characteristics by Simulation

Murray A. Geisler

ResearchPublished 1963

A study in the development and application of simulation techniques for management policies and other problems involving complex systems of random variables. In RM-3242, special statistical methods were used to compute the sample sizes for specified inventory models. In this study, the methods are tested by applying them to particular inventory cases, and determining how well the actual precision and confidence obtained in the estimates agree with expectation.

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  • Copyright: RAND Corporation
  • Availability: Available
  • Year: 1963
  • Print Format: Paperback
  • Paperback Pages: 31
  • Paperback Price: $20.00
  • Document Number: RM-3623-PR

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RAND Style Manual
Geisler, Murray A., A Test of a Statistical Method for Computing Selected Inventory Model Characteristics by Simulation, RAND Corporation, RM-3623-PR, 1963. As of October 6, 2024: https://www.rand.org/pubs/research_memoranda/RM3623.html
Chicago Manual of Style
Geisler, Murray A., A Test of a Statistical Method for Computing Selected Inventory Model Characteristics by Simulation. Santa Monica, CA: RAND Corporation, 1963. https://www.rand.org/pubs/research_memoranda/RM3623.html. Also available in print form.
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