REFINEMENTS IN THE ISMAIL‐LOUDERBACK STOCHASTIC CVP MODEL*
研究了Ismail-Louderback随机成本-销量-利润模型，在需求正态分布下推导出最大化达到特定利润概率的产量解析式，并开发了在给定目标概率下最大化利润的新方法。
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.