Ch. 9,12,16 Formulas

Ch. 9,12,16 Formulas - SS = zσ RP+L ***Standard Deviation...

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Management 368 Final Formula Sheet Chapter 9: Design Capacity: Effective Capacity:
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Chapter 12: Total Annual Costs (TC Q ): TC Q = ; Annual Ordering Costs + Annual Holding Costs Reorder Point (R): R = dL; Average Daily Demand x Lead Time in Days Economic Quantity Formula (EOQ model): Adjusted Total Cost (TC EPQ ): TC EPQ = Maximum Inventory (I MAX ): I MAX = Economic Quantity Formula (EPQ model): Quantity Discount Model (TC QD ): TC QD = + CD ***Average Transportation Inventory (ATI): ATI = ***Safety Stock in a Periodic Review Model:
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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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This note was uploaded on 10/17/2011 for the course MNGT 368 taught by Professor Curthurds during the Spring '08 term at Nicholls State.

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Ch. 9,12,16 Formulas - SS = zσ RP+L ***Standard Deviation...

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