Article ID: | iaor1989472 |
Country: | United Kingdom |
Volume: | 40 |
Issue: | 9 |
Start Page Number: | 789 |
End Page Number: | 796 |
Publication Date: | Sep 1989 |
Journal: | Journal of the Operational Research Society |
Authors: | Arizono Ikuo, Yokoi Seiichi, Oha Hiroshi |
Keywords: | inventory |
In production activities, the control of production quantity and inventory is very important. The locus of the fluctuations of inventory can be represented by the minimal lattice paths on the two-dimensional planes. In this paper the effects of varying production rates on inventory control are discussed based on the minimal lattice paths.