Operations Research-I: Inventory an Introduction**

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Abstract

Introduces the conceptual framework for analyzing an inventory decision problem, and points out that there are three motives for holding inventory: 1) the transaction motive, 2) the speculative motive, and 3) the precautionary motive. The subject is introduced through simple examples.

Additional Information

Product Type Technical Note
Reference No. QM0074TEC
Title Operations Research-I: Inventory an Introduction**
Pages 6
Published on Jan 1, 1969
Authors Mote, V L;
Area Quantitative Methods (QM)
Discipline Operations Management, Quantitative Methods
Sector Manufacturing

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