Expectations and Undesired Inventory

Both economists and businessmen are interested in knowing whether inventories are higher or lower than firms desire: Economists because it would provide a clue to the structure of business expectations, businessmen because it would give some indication of the future trend of business. In this paper a model is presented with the aid of which an estimate, however crude, of the amount of undesired inventory in the economy is made from market data.

• 저널Management Science · 4(1) · 105–109
• 토픽Physics and Engineering Research Articles · Computational Mechanics
• DOI10.1287/mnsc.4.1.105
• 저자Edwin S. Mills