The effect of varying production rates on inventory control

The effect of varying production rates on inventory control

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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: , ,
Keywords: inventory
Abstract:

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.

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