| Article ID: | iaor20031747 |
| Country: | United States |
| Volume: | 50 |
| Issue: | 1 |
| Start Page Number: | 1 |
| End Page Number: | 2 |
| Publication Date: | Jan 2002 |
| Journal: | Operations Research |
| Authors: | Arrow Kenneth J. |
| Keywords: | history |
I have been asked to write on the steps leading to the paper by Theodore E. Harris, Jacob Marschak, and myself (1951), ‘Optimal Inventory Policy’. The account will be brief, for two reasons: (1) The origins are rather simple; (2) the event happened a long while ago, the details are not as clear in my memory as might be desired, and my records for the period appear to be nonexistent.