Why is Production More Volatile than Sales? Theory and Evidence on the Stockout-Avoidance Motive for Inventory-Holding

The Cyclical Behavior of Marginal Cost and Price

1987 • 546 citations

Inventories and the volatility of production

1986 • 522 citations

Can the Production Smoothing Model of Inventory Behavior be Saved?

1986 • 332 citations

Seasonality, Cost Shocks, and the Production Smoothing Model of Inventories

1989 • 120 citations

Production Smoothing Evidence from Physical-Product Data

1991 • 112 citations

Rational expectations and the smoothing properties of inventories of finished goods

1984 • 101 citations

The production-smoothing model is alive and well

1989 • 78 citations

Inventories and Sticky Prices: Note

1983 • 53 citations

Production and Inventory Control at the General Motors Corporation During the 1920's and 1930's

1993 • 48 citations

The Magnitude of the Speculative Motive for Holding Inventories in a Real Business Cycle Model

1989 • 15 citations

Manufacturers' Inventories, Sales Expectations, and the Acceleration Principle

1959 • 6 citations

Inventory models and backlog costs : an empirical investigation

1983 • 5 citations