October 2012
Intermediate to advanced
696 pages
34h 17m
English
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where t = transit time in days and D = annual demand in units.

TI = d(RP + L) + SS
where d = average daily demand, RP = review period in days, and SS = safety stock.
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Standard deviation of demand during review period and lead time:
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R = dL
where d = average daily demand and L = lead time in days.
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where D = annual demand, S = ordering cost, and H = holding cost.
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where IMax is the maximum ...
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