Exploring the Potential Use of the Birnbaum-Saunders Distribution in Inventory Management

Table 1

Range of the mentioned uniformly distributed indicator for simulations.

Indicator	Minimum	Maximum
DPUT mean (units/day)	80	120
DPUT SD (units/day)	3	30
LT mean (in days)	1	5
LT SD (in days)	0.50	2.00
Holding cost ($/unit/day)	0.00	0.68
Ordering cost ($/order)	17	60
Shortage cost ($/shortage)	0	100