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Reorder Point, ROP =dL+55 d = Averace Demand Rate per Time Feriod O = Denand Rate per tear L = Average Lead time (time periodu)
Reorder Point, ROP =dL+55 d = Averace Demand Rate per Time Feriod O = Denand Rate per tear L = Average Lead time (time periodu) 55 - satety stock =r+dat dt=e2 (Akrumine Land Time is conutant as in Arionk miliw) 4= Standard Deviatien of the demand x - Number of Standard deviation correlponding to a vervice level q= Order Quastity Averese inverterv Level +aR+55 11= Holding Cost Per Year Fer Uidt 5= Ordering/ / estup Cost Per Oider Total Annual inventory Cost =(2Q)H+(eQ)S+H(SS) Economic Order Quantity, EOQ=n205. Time Between Orders =TBO=D10Q Frist fivitmi tof bain Reorder Point, ROP =dL+55 d = Averace Demand Rate per Time Feriod O = Denand Rate per tear L = Average Lead time (time periodu) 55 - satety stock =r+dat dt=e2 (Akrumine Land Time is conutant as in Arionk miliw) 4= Standard Deviatien of the demand x - Number of Standard deviation correlponding to a vervice level q= Order Quastity Averese inverterv Level +aR+55 11= Holding Cost Per Year Fer Uidt 5= Ordering/ / estup Cost Per Oider Total Annual inventory Cost =(2Q)H+(eQ)S+H(SS) Economic Order Quantity, EOQ=n205. Time Between Orders =TBO=D10Q Frist fivitmi tof bain
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