Publication | Closed Access
INVENTORY DECISIONS UNDER INFLATIONARY CONDITIONS
162
Citations
1
References
1977
Year
Monetary PolicyEconomicsInventory ManagementMacroeconomicsStandard Eoq ModelInventory ControlInventory TheoryEconomic AnalysisStandard ApproachBusinessTime DiscountingFinanceQuantitative ManagementInflation Expectation
ABSTRACT The standard approach to inventory policy ignores the effect of inflation. This paper investigates a model that includes both inflationary trends and time discounting. The paper compares this model with the standard EOQ model and the analysis for a one‐time change, found in previous literature.
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