Decision making on stock levels in cases
β
Jovan B. PopoviΔ
π
Article
π
1987
π
Elsevier Science
π
English
β 813 KB
Inventory control is a typical problem of decision making. In this paper a periodic replenishment of stock, the spare parts being of one kind, is discussed for some cases when the demand rate is uncertain. The first decision, b&fore all others in the sequence, is done by assuming an a priori distrib