An EOQ model when production standards are assumed to be normally distributed

REFERENCES

• ALLDERIGE , J. M. , 1956 , Statistical procedures in stop-watch work measurement , J. Ind. Engng , 18 , 154 .
   Google Scholar
• BROWN , R. G. , 1967 , Decision Rules for Inventory Management ( Holt , Rinehart & Winston ).
   Google Scholar
• BUFFA , E. S. , and TAUBERT , W. H. , 1972 , Production Inventory Systems Planning and Control ( R. D. Irwin ).
   Google Scholar
• CHANG , YUSANG , and NTLAND , P. , 1967 , A model for measuring stock depletion costs , Ops Res. , 15 , 427 .
   Web of Science ®Google Scholar
• GEISLER , MURRAY A. , 1964 a , The sizes of simulation samples required to compute certain inventory characteristics with stated precision and confidence , Mgmi Sci. , 10 , 261 ; 1964 b, A test of a statistical method for computing selected inventory model characteristics by simulation, Ibid., 10>, 709 .
   Google Scholar
• GRAYBILL , F. A. , 1961 , An Introduction to Linear Statistical Models ( McGraw-Hill ).
   Google Scholar
• HADLEY , G. , and WHITIN , T. M. , 1963 , Analysis of Inventory Systems ( Prentice-Hall ).
   Google Scholar
• JOHNSON , L. A. , and MONTGOMERY , D. C. , 1974 , Operations Research and Production Planning, Scheduling, and Inventory Control ( John Wiley ).
   Google Scholar
• KRICK , E. V. , 1962 , Methods Engineering ( John Wiley ).
   Google Scholar
• LEHRER , R. N. , and MODER , J. , 1953 , Statistics in time study , J. Ind. Engng , 4 , 9 .
   Google Scholar
• MARSAGLIA , G. , 1965 , Ratios of normal variables and ratios of sums of uniform variables , Am. Stat. Ass. J. , 60 , 193 .
   Web of Science ®Google Scholar
• NADDOR , E. , 1966 , Inventory Systems ( John Wiley ).
   Google Scholar
• NIEBEL , B. W. , 1972 , Motion and Time Study ( R. D. Irwin ).
   Google Scholar
• ORAL , M. , SALVADOR , M. , REISMAN , A. , and DEAN , B. , 1972 , On the evaluation of shortage costs for inventory control of finished goods , Mgmt Sci. , 10 , B-344 .
   Google Scholar
• SCHWARTZ , B. , 1966 , A new approach to stockout penalties , Mgmt Sci. , 12 , B-538 .
   Google Scholar
• SMALLEY , H. E. , 1967 , Another look at work measurement , J. Ind. Engng , 18 , 202 .
   Google Scholar
• VINSON , C. E. , 1972 , The cost of ignoring lead time unreliability in inventory theory , Decision Sci. , 3 , 87 .
   Google Scholar
• WAGNER , H. M. , 1974 , The design of production and inventory systems for multi-facility and multiwarehouse companies , Ops Res. , 22 , 278 .
   Web of Science ®Google Scholar