Title :
Operations Research: The Inventory Problem
Author_Institution :
RCA International Div., New York, N. Y.
fDate :
3/1/1957 12:00:00 AM
Abstract :
As pointed out in the opening paragraph of the paper, the Inventory Problem, one of the mathematical tools of Operations Research, is discussed and its application illustrated by an application to a production and sales problem. A solution of an Inventory Problem yields quantitative data on which decisions can be taken with a view to minimizing risks and maximizing profits.
Keywords :
Cost function; Data engineering; Ducts; Marketing and sales; Minimax techniques; Operations research; Production; Research and development management;
Journal_Title :
Engineering Management, IRE Transactions on
DOI :
10.1109/IRET-EM.1957.5007393
