Author: Publisher:
ISBN:
Category : Science
Languages : en
Pages : 754
Book Description
U.S. Government Research Reports
Author: Annual Department of Defense Bibliography of Logistics Studies and Related Documents
Author: United States. Defense Logistics Studies Information ExchangePublisher:
ISBN:
Category : Military research
Languages : en
Pages : 788
Book Description
Keywords Index to U.S. Government Technical Reports (permuted Title Index).
Author: United States. Department of Commerce. Office of Technical ServicesPublisher:
ISBN:
Category : Government publications
Languages : en
Pages : 860
Book Description
Keywords Index to U.S. Government Technical Reports
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 748
Book Description
Inventory Fluctuations and Economic Stabilization
Author: Inventory Fluctuations and Economic Stabilization
Author: United States. Congress. Joint Economic CommitteePublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 792
Book Description
Management Science
Author: Publisher:
ISBN:
Category : Industrial management
Languages : en
Pages : 832
Book Description
Includes special issues: The Professional series in the management sciences.
Technical Abstract Bulletin
Author: Inventory-Production Theory
Author: C.A. SchneeweissPublisher: Springer Science & Business Media
ISBN: 3642953115
Category : Business & Economics
Languages : en
Pages : 124
Book Description
The term inventory-production theory is not well defined. It com prises e. g. such models like cash balance models, production smoothing models and pure inventory models. We shall here mainly be concerned with stochastic dynamic problems and shall give exact definitions in the next section. Most of our work will concentrate on cash balance models. However, production smoothing situations and pure inventory problems will also be investigated. Since we are faced in principle with dynamic stochastic situa tions a dynamic programming approach would be appropriate. This approach, however, due to computational restraints, is limited to only but the simplest models. Therefore, in practice, one ruduces stochastics just in taking forecasts of demand and then treating the problem as a deterministic optimization problem. In addition one often introduces certain safety stocks to safeguard the system from possible forecasting errors. In general, this proce dure is suboptimal. However, there exists one particular situa tion when a separation in a forecasting procedure and a subse quent optimization of the remaining deterministic model is not suboptimal. This is known as the linear-quadratic model, i. e. a model having linear system equations and a quadratic cost crite rion. For this type of model H. A. Simon ~3J and later H. Theil [25J have shown that the above separation property holds. In fact, Simon's and Theil's results are nothing else but what has later and more generally become known to control engineers as Kalman's famous separation principle.
Author: