TY - JOUR AU - West,Kenneth D. TI - Order Backlogs and Production Smoothing JF - National Bureau of Economic Research Working Paper Series VL - No. 2385 PY - 1989 Y2 - June 1989 UR - http://www.nber.org/papers/w2385 L1 - http://www.nber.org/papers/w2385.pdf N1 - Author contact info: Kenneth D. West Department of Economics University of Wisconsin 1180 Observatory Drive Madison, WI 53706 Tel: 608/262-0033 Fax: 608/262-2033 E-Mail: kdwest@wisc.edu AB - 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. ER -