The Econometric SocietyEdited by: Marina Halac • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Apr, 1966, Volume 34, Issue 2
https://www.jstor.org/stable/1909935
p. 307-330
Abraham Charnes, Jacques Dreze, Merton Miller
Analytic decision rules and horizon rules are developed for the warehousing problem. A stochastic warehousing problem is defined and solved, first by backwards induction, then by means of a forward working algorithm. The influence of holding costs and discount rates on forecasting horizons is illustrated.
December 11, 2025
We are deeply saddened by the passing of Kate Ho, the John L. Weinberg Professor of Economics and Business Policy at Princeton University and a Fellow of the Econometric Society. Kate was a brilliant IO economist and scholar whose impact on the profession will resonate for many years to come.
