Technical Note--On a Paper by Simon

In a paper on "Stationary Properties of a Two-Echelon Inventory Model for Low-Demand Items" [ Opns. Res. 19, 761–773 (1971)], R. M. Simon presents an argument for finding the stationary distribution of inventory position that is not always valid. This note gives a corrected version of Simo...

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Veröffentlicht in:Operations research 1973-12, Vol.21 (6), p.1318-1322
Hauptverfasser: Kruse, W. Karl, Kaplan, Alan J
Format: Artikel
Sprache:eng
Online-Zugang:Volltext
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Zusammenfassung:In a paper on "Stationary Properties of a Two-Echelon Inventory Model for Low-Demand Items" [ Opns. Res. 19, 761–773 (1971)], R. M. Simon presents an argument for finding the stationary distribution of inventory position that is not always valid. This note gives a corrected version of Simon's method.
ISSN:0030-364X
1526-5463
DOI:10.1287/opre.21.6.1318