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Min inventory - PowerPoint PPT Presentation

EQONOMIC ORDER QUANTITY (EOQ)

EQONOMIC ORDER QUANTITY (EOQ). COST OF INVENTORY. 1. PURCHASE COST. 2. CAPITAL COST. 3. ORDERING COST. 4. INVENTORY CARRING COST. 5. SHORTAGE COST. INVENTORY CONTROL TERMINOLOGY. 1. Demand : Number of items required per unit time.

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Throughput Part 2 Effective Capacity & Throughput Leverages

Throughput Part 2 Effective Capacity & Throughput Leverages. Based on the book: Managing Business Process Flows. Capacity Waste and Theoretical Capacity. Effective capacity of a resource unit is 1/Tp. Unit load Tp , is an aggregation of the productive as well as the wasted time.

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Min inventory - PowerPoint PPT Presentation

EQONOMIC ORDER QUANTITY (EOQ)

Throughput Part 2 Effective Capacity &amp; Throughput Leverages

Throughput Part 2 Effective Capacity & Throughput Leverages