Note--A Graphical Aid for Determining Optimal Inventories in a Unit Replenishment Inventory System

This note provides the methodology to construct a set of indifference curves that permit the exact determination of the optimal inventory level in a system where items are restocked one at a time and unsatisfied demand is lost. An illustrative set of curves is shown.

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Year of publication:	1977
Authors:	Silver, Edward A. ; Smith, Stephen A.
Published in:	Management Science. - Institute for Operations Research and the Management Sciences - INFORMS, ISSN 0025-1909. - Vol. 24.1977, 3, p. 358-359
Publisher:	Institute for Operations Research and the Management Sciences - INFORMS

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Extent:	application/pdf
Type of publication:	Article
Other identifiers:	10.1287/mnsc.24.3.358 [DOI]
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009214401