Research Reports from the Department of Operations
Document Type
Report
Publication Date
1-1-1966
Abstract
Problems of finding the stationary distribution of inventory level in certain multi product inventory systems are considered. All systems return the inventory level to a single point, S , whenever a restocking occurs. The probability of any inventory level, x , can be expanded in terms of the probability of being at S and the occurrence of a sequence of demands leading from S to x . Combinatoric problems arise naturally in counting demand sequences. Closed form results are given in certain special cases for which the combinatoric results are known. [Likely published circa 1966.]
Keywords
Operations research, Inventory control, Probabilities, Combinatorial probabilities, Demand (Economic theory), Inventory control--Mathematical models
Publication Title
Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University
Issue
Technical memorandum no. 56
Rights
This work is in the public domain and may be freely downloaded for personal or academic use
Recommended Citation
Evans, Richard V., "Combinatoric Problems in Multiproduct Inventory Analysis" (1966). Research Reports from the Department of Operations. 76.
https://commons.case.edu/wsom-ops-reports/76