Journal of Japan Industrial Management Association
Online ISSN : 2432-9983
Print ISSN : 0386-4812
The Form of Distribution of the Inventory : A Study of Production-Inventory System(1)
Yasuhiro HIRAKAWA
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1975 Volume 26 Issue 1 Pages 66-70

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Abstract
In several stages of production and sales activities, stocks as a buffer between input and output play an important role in a sense of smoothing the flow of products.The form of distribution of the inventory at the end of a period has for many years been considered a normal distribution on the assumption that a distribution of demand is normal but has little authority.This paper presents the distribution of the inventory at the end of a period, taking into account an exponential distribution of demand, exponential smoothing for forecasting, and periodic reorder rule.
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© 1975 Japan Industrial Management Association
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