Documentos de Académico
Documentos de Profesional
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Function of Inventory
Inventory Management
Inventory Costs
Holding cost
Ordering cost
Shortage cost
Material Classification
Cost
Inventory Management
Quantity
ROP
LT
Time
Inventory Management
Economic Order Quantity (EOQ)
Inventory Management
Annual Cost
Cost Curves
Total cost
Holding cost
Material cost
Ordering cost
EOQ
Order Quantity
Inventory Management
Cost Calculations
Q
H
Annual holding cost =
2
D
S
Annual ordering cost =
Q
Q
D
Total cost = TC H S
2
Q
Q
D
Total cost (including material) = TC H S D * P
2
Q
For minimum cost,
2 DS
H
Inventory Management
Quantity Discount
Annual Cost
Total cost
Holding cost
Material cost
Ordering cost
EOQ
Order Quantity