Year
2023
File Attachment
finalpaper_455_0509044456.pdf399.6 KB
Abstract
The purpose of this document is to briefly outline the general methodology of the standard error
of the inventory difference (SEID) calculations with emphasis on elements of the calculation
that may be overlooked by personnel new to the concepts trying to develop the calculation. This
document applies to facility personnel who may be interested in developing or cost-scheduling
a project to develop such a calculation as well as other stakeholders such as corporate or
regulatory oversight personnel interested in evaluating or encouraging the development of such
statistical models and calculations.