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Inventory and Price Equilibrium Models Applied to the Storage Problem

Published online by Cambridge University Press:  28 April 2015

Martin J. Blake  and
Stanley R. Johnson
Martin J. Blake
Affiliation:
Agricultural Economics, New Mexico State University
Stanley R. Johnson
Affiliation:
Economics and Agricultural Economics, University of Missouri, Columbia
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Extract

Currently developments in two bodies of literature address the determination of optimum levels of storage. One approach, the use of inventory models, has developed as a generalization of the familiar lot size problem in management science models [9, 17]. The decision unit in these models is the firm or frequently a decentralized management unit or authority [4, 12, 15].

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 11 , Issue 1 , July 1979 , pp. 169 - 173
Copyright
Copyright © Southern Agricultural Economics Association 1979

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References

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