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Production, Price, and Inventory Theory
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This article is published in The American Economic Review.The article was published on 1970-01-01 and is currently open access. It has received 67 citations till now. The article focuses on the topics: Perpetual inventory & Cost of goods available for sale.read more
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Coordination of Pricing and Inventory Decisions: A Survey and Classification
TL;DR: In this paper, the authors explore innovative pricing strategies in an effort to improve their operations and ultimately the bottom line, including potential increases in profit, and improvements such as reduction in demand or production variability, resulting in more efficient supply chains.
Journal ArticleDOI
The resurgence of inventory research: what have we learned?
Alan S. Blinder,Louis J. Maccini +1 more
TL;DR: In this article, the authors focus on its micro-theoretic basis and on potential conflicts between theory and evidence, and suggest that the so-called (S,s) model may help answer both questions.
Book ChapterDOI
Chapter 20 Income and price effects in foreign trade
Morris Goldstein,Mohsin S. Khan +1 more
TL;DR: In this paper, the main methodological and policy issues surrounding the estimation of trade equations are identified, summarized, and evaluated, and the main choices and compromises have to be made in the measurement of these variables, and what light existing evidence throws on the choice among competing specifications.
Journal ArticleDOI
Fuzzy Decision Tree Algorithms
TL;DR: A branch-bound-backtrack algorithm which, by means of pruning subtrees unlikely to be traversed and installing tree-traversal pointers, has an effective backtracking mechanism leading to the optimal solution while still requiring usually only O(log n) time, where n is the number of decision classes.
Journal ArticleDOI
Rational expectations and the smoothing properties of inventories of finished goods
TL;DR: In this article, a dynamic rational expectations equilibrium model of inventories of finished goods and employment of labor is proposed, which is based on the view that the primary role of inventory is to act as a buffer stock in the face of fluctuating demand.
References
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Dynamic Programming Under Uncertainty with a Quadratic Criterion Function
Book
Linear aggregation of economic relations
TL;DR: In this article, one of the most popular ways to break the boredom in reading is choosing linear aggregation of economic relations as the reading material. But, many people are not interested in this hobby.
Journal ArticleDOI
Linear Aggregation of Economic Relations
Henri Guitton,Henri Theil +1 more
TL;DR: A way to break the boredom in reading is choosing linear aggregation of economic relations as the reading material.