Redefining holding costs

George N. Kenyon, James R. Burns

Research output: Contribution to conferencePaper

1 Scopus citations

Abstract

Decisions affecting the operations of the transformation process usually involve multiple resources and a large portion of the firm's capital. The quality of the decision-making process must be high if the firm is to avoid needless expenses and remain competitive. One method of obtaining a high level of quality in the decision-making process is to ensure the accuracy of the data being utilized. The model presented provides a higher degree of dynamics than the current process, and should yield a more accurate value of the firm's holding cost given different operational scenarios.

Original languageEnglish
Pages1382-1384
Number of pages3
StatePublished - 1996
EventProceedings of the 1996 27th Annual Meeting of the Decision Sciences Institute. Part 2 (of 3) - Orlando, FL, USA
Duration: Nov 24 1996Nov 26 1996

Conference

ConferenceProceedings of the 1996 27th Annual Meeting of the Decision Sciences Institute. Part 2 (of 3)
CityOrlando, FL, USA
Period11/24/9611/26/96

Fingerprint Dive into the research topics of 'Redefining holding costs'. Together they form a unique fingerprint.

  • Cite this

    Kenyon, G. N., & Burns, J. R. (1996). Redefining holding costs. 1382-1384. Paper presented at Proceedings of the 1996 27th Annual Meeting of the Decision Sciences Institute. Part 2 (of 3), Orlando, FL, USA, .