220-Lecture21

220-Lecture21 - $894.43 $908.33 % Over Minimum TAC 1.55...

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BART'S ECONOMIC ORDER QUANTITY Econ. Order Qnty. Request. Order Qnty Annual Demand 500 % Change from EOQ Ordering Cost $80.00 Annual Holding Rate % 20 Annual Holding Cost Cost Per Unit $50.00 Annual Order. Cost Working Days Per Year 300 Tot. Ann. Cost (TAC) Lead Time (Days) 60 % Over Minimum TAC Econ. Order Qnty. 89.44 Max. Inventory Level Request. Order Qnty. 75.00 Avg. Inventory Level % Change from EOQ -16.15 Reorder Point Annual Holding Cost $447.21 $375.00 No. of Orders/Year Annual Order. Cost $447.21 $533.33 Cycle Time (Days) Tot. Ann. Cost (TAC)
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Unformatted text preview: $894.43 $908.33 % Over Minimum TAC 1.55 Max. Inventory Level 89.44 75 Avg. Inventory Level 44.72 37.5 Reorder Point 100 100 100>max inventory 89.44 So, when to reorder? No. of Orders/Year 5.59 6.67 Cycle Time (Days) 53.67 45.00 =SQRT(2*B3*B4/(B5*B6/100)) =(C11/B10-1)*100 =B5/100*B6*B10/2 =B5/100*B6*C11/2 =B4*B3/B10 =B4*B3/C11 =B14+B15 =C14+C15 =(C16/B16-1)*100 =B10 =C11 =B10/2 =C11/2 =B3/B7*B8 =B3/B7*B8 =B3/B10 =B3/C11 =B10/B3*B7 =C11/B3*B7 4...
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This note was uploaded on 08/22/2011 for the course QDM 220 taught by Professor Selverajah during the Fall '10 term at Windsor.

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220-Lecture21 - $894.43 $908.33 % Over Minimum TAC 1.55...

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