Construct · 1 fields · 1 citations

production smoothing model: a standalone construct

One name. One construct. A landmark on the map.

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Operations management

the hypothesis that firms use inventories to keep production steadier than sales, and the puzzle that measured production often varies more than sales.

In operations management, production smoothing model refers to the hypothesis that firms use inventories to keep production steadier than sales, and the puzzle that measured production often varies more than sales. This meaning comes from Blinder (1986) in The Quarterly Journal of Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

hypothesis2 fields · 2 citationsjingle · one word, two constructs model3 fields · 3 citationsjingle · one word, three constructs operation1 fields · 1 citationsanchor · a standalone construct

References

Blinder, A. S. (1986). Can the Production Smoothing Model of Inventory Behavior be Saved? The Quarterly Journal of Economics, 101(3), 431. https://doi.org/10.2307/1885691

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