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INVENTORY DEPLETION MANAGEMENT.
- Source :
- Management Science; Jul1958, Vol. 4 Issue 4, p450-456, 7p
- Publication Year :
- 1958
-
Abstract
- Consideration is given to problems of choosing the order of issue of items from a stockpile of material whose utility characteristics are changing with time. Conditions are given under which either LIFO (last in, first out) or FIFO (first in, first out) is an optimal issue policy. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 00251909
- Volume :
- 4
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Management Science
- Publication Type :
- Academic Journal
- Accession number :
- 7452041
- Full Text :
- https://doi.org/10.1287/mnsc.4.4.450