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Unformatted text preview: using the following: A. Expected number of units short per cycle, E( n ) B. Expected number of units short per year, E( N ) C. Annual Service Level Service Level for Single-period Mode l Used to handle ordering of perishables (fresh fruits, vegetables, seafood, flowers), and Items that have a limited useful life (newspaper, magazines) Analysis focuses on two costs: shortage and excess Problems: 2 – ABC Inventory Classification 3 – Basic EOQ 4 – Basic EOQ 11– EOQ with Non-instantaneous Delivery 13 – EOQ with Discount 28 – EOQ, ROP, Shortages 33 – EOQ for multiple products...
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This note was uploaded on 04/03/2012 for the course BAIT 386 taught by Professor Avi-itzchak during the Spring '12 term at Rutgers.
- Spring '12