| Article ID: | iaor19901157 |
| Country: | United States |
| Volume: | 28 |
| Start Page Number: | 24 |
| End Page Number: | 27 |
| Publication Date: | Sep 1987 |
| Journal: | Production and Inventory Management Journal |
| Authors: | Martin James W., Goodrich Peter S. |
| Keywords: | inventory |
This article illustrates with a numerical example the application of a method to reduce the number of audited accounts needed in a cycle count, given the maximum allowed valuation error and the level of confidence required by top management. Man hours necessary are significantly reduced.