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Unformatted text preview: SS = zσ RP+L ***Standard Deviation of Demand during Review Period and Lead Time: σ RP+L = σ t *** Amount of Safety Stock (SS): SS = zσ dL *** Target Inventory (TI): TI = d(RP + L) + SS *** Inventory Turnover and Periods of Supply: Inventory Turnover = Weeks of Supply = Days of Supply = Chapter 16 : Expected Time: Variance for each activity: σ 2 = z value to estimate probability of completion: z = OR z =...
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- Spring '08
- Management, Period, Economic Quantity Formula