Inventories, Stock-Outs, and Production Smoothing
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If stock-outs are ignored and if demand shocks are additive, then optimal behavior requires that the marginal cost of production (MC) be equated with the expected marginal revenue of increasing expected sales by one unit (EMR). However,with more general demand shocks (and still ignoring stock-outs),
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美国国家经济研究局创建时间：
1985-02-01
