| Article ID: | iaor19911313 |
| Country: | Netherlands |
| Volume: | 19 |
| Issue: | 1/3 |
| Start Page Number: | 189 |
| End Page Number: | 195 |
| Publication Date: | May 1990 |
| Journal: | Engineering Costs and Production Economics |
| Authors: | Prasad K.N., Banouei A.A., Swaminathan A.M. |
The present study uses an input-output approach to find out total output and resources, respectively, involved in sectorwise inventories and a linear programming approach to evolve criteria for optimal, non-optimal and lower and upper bounds of inventory holdings for 1979-1980 for India and 1974 for Iran. As empirical results reveal non-optimal inventory holdings, it analyses their economic consequences and derives policy implications.