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Formulas provided by professor: EOQ=2DSHEOQ=2DSH TC=SDQ+HQ2TC=SDQ+HQ2 PurchasingCost=PD SigmaLTD=SQRT(L)*SigmaR SigmaLTD=R*SigmaL SL*=Cu/(Cu+Co) RT=I Rp=c/Tp Cycle Time = CT=1/Rp Takt Time = TT= 1/R Cycle Inventory = Q/2

Formulas provided by professor:

EOQ=2DSHEOQ=2DSH

TC=SDQ+HQ2TC=SDQ+HQ2

PurchasingCost=PD

SigmaLTD=SQRT(L)*SigmaR

SigmaLTD=R*SigmaL

SL*=Cu/(Cu+Co)

RT=I

Rp=c/Tp

Cycle Time = CT=1/Rp

Takt Time = TT= 1/R

Cycle Inventory = Q/2

Average Inventory in the Presence of Safety Stock = Cycle Inventory +Isafety

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