Technical Note—On a Paper by Simon
Published Online:1 Dec 1973https://doi.org/10.1287/opre.21.6.1318
Abstract
In a paper on “Stationary Properties of a Two-Echelon Inventory Model for Low-Demand Items” [Opns. Res. 19, 761–773 (1971)], R. M. Simon presents an argument for finding the stationary distribution of inventory position that is not always valid. This note gives a corrected version of Simon's method.
