@techreport{NBERw2385, title = "Order Backlogs and Production Smoothing", author = "Kenneth D. West", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "2385", year = "1989", month = "June", URL = "http://www.nber.org/papers/w2385", abstract = {Empirical examination of some aggregate manufacturing data suggests that order backlogs may help explain two puzzling facts: (1) the variability of production appears to be greater than that of demand, and (2) inventories appear to be drawn down when demand is low, built up when demand is high.}, }