Unit 3 IPOM

profileSteelTiger4
Phase3IP3Worksheet1.xlsx

Sheet1

EOQ
Annual Demand 400,000 Units
Annual Carrying Cost Rate 15%
Product Costs $48.00 Per Unit
Product Ordering Cost $28.00 Per Unit

Sheet2

Economic Order Quantity Optimal Inventory Policy
Annual Demand Economic Order Quantity ERROR:#DIV/0!
Ordering Cost Annual Inventory Holding Cost ERROR:#DIV/0!
Annual Inventory Holding Rate % Annual Ordering Cost ERROR:#DIV/0!
Cost per Unit Total Annual Cost ERROR:#DIV/0!
Working Days per Year 260 Maximum Inventory Level ERROR:#DIV/0!
Lead Time (Days) 15 Average Inventory Level ERROR:#DIV/0!
Reorder Point 0.00
Note: Assumed LT, this can be changed to see impact Number of Orders per Year ERROR:#DIV/0!
Cycle Time (Days) ERROR:#DIV/0!
Note: Working days per year assumes 52 weeks * 5 working days