Review Article

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

Table 2

Summary of the simulations for the mentioned distribution and management indicator.

Indicator Distribution
Gamma Normal BS

Sum of TCs (in $) 205097.63 209175.49 202134.31
Sum of EOQs 767449.00 764816.00 762843.00
Sum of SSs 41166.66 53425.51 38103.58
Sum of average inventory level 424891.16 435833.51419525.08