A cybernetic type inventory control system. A note

S. Makridakis

doi:10.1057/jors.1973.78

A cybernetic type inventory control system. A note

S. Makridakis

Research output: Contribution to journal › Article › peer-review

Abstract

An inventory system is described which is capable of initial selection of a model to fit the characteristics of each item in the inventory, continuous self adaptation, generation and utilization of cost/benefit data, and the optimization of the model under use. The system utilizes ten different, rather simple models.

Original language	English
Pages (from-to)	447-451
Number of pages	5
Journal	Operational Research Quarterly
Volume	24
Issue number	3
DOIs	https://doi.org/10.1057/jors.1973.78
Publication status	Published - 1 Jan 1973

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A cybernetic type inventory control system. A note

Abstract

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