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- W1993147034 abstract "This paper presents results concerning the Ismail-Louderback stochastic cost-volume-profit model. For the case where demand is normally distributed, an analytic expression for the output that maximizes the probability of achieving specified profits is obtained and a new procedure for determining the output that maximizes the profits, given a target level of probability of their being achieved, is developed. If opportunity costs of lost sales are zero, then analytic expressions for both the above outputs are obtained for any demand distribution." @default.
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- W1993147034 date "1980-07-01" @default.
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- W1993147034 title "REFINEMENTS IN THE ISMAIL-LOUDERBACK STOCHASTIC CVP MODEL" @default.
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- W1993147034 doi "https://doi.org/10.1111/j.1540-5915.1980.tb01160.x" @default.
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