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THE INVENTORY SCHEME FOR AUSTRALIAN WOOL
Author(s) -
Taffe J.R.
Publication year - 1977
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1977.tb00205.x
Subject(s) - wool , scheme (mathematics) , corporation , operations research , computer science , business , engineering , mathematics , geography , finance , archaeology , mathematical analysis
A model put forward by the Australian Wool Corporation to simulate the behaviour of the wool market under an inventory scheme is described. Some deficiencies in the model are pointed out and suggestions are made for alterations to improve the model's performance.