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Optimal Linear Inventory Control and First Order Exponential Smoothing

Dale Michael Landi

出版	Rand Corporation, 1965
URL	http://books.google.com.hk/books?id=YusnAQAAIAAJ&hl=&source=gbs_api

註釋

A linear, fixed-interval stock replenishment policy that achieves an optimal cost balance between inventory and order-level variance is derived. One form of the reorder rule relies on first order exponential smoothing to predict the random components of the demand sequence, which are assumed to be pairwise uncorrelated with mean zero and variance that either grows or decays geometrically, or remains constant in time. (Author).