Analytic decision rules and horizon rules are developed for the warehousing problem. A stochastic warehousing problem is defined and solved, first by backwards induction, then by means of a forward working algorithm. The influence of holding costs and discount rates on forecasting horizons is illustrated.
MLA
Charnes, Abraham, et al. “Decision and Horizon Rules for Stochastic Planning Problems: A Linear Example.” Econometrica, vol. 34, .no 2, Econometric Society, 1966, pp. 307-330, https://www.jstor.org/stable/1909935
Chicago
Charnes, Abraham, Jacques Dreze, and Merton Miller. “Decision and Horizon Rules for Stochastic Planning Problems: A Linear Example.” Econometrica, 34, .no 2, (Econometric Society: 1966), 307-330. https://www.jstor.org/stable/1909935
APA
Charnes, A., Dreze, J., & Miller, M. (1966). Decision and Horizon Rules for Stochastic Planning Problems: A Linear Example. Econometrica, 34(2), 307-330. https://www.jstor.org/stable/1909935
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