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  • CaseACT - Basic

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    4 views6 pages

    CaseACT - Basic

    Uploaded by

    namnguyen.31221020873

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 6

    Basic EOQ Model

    Data
    D= 6000 (Demand /year)
    K= $ 115.00 (Setup cost)
    h= $ 4.20 (unit holding cost)
    p= $ 7.50 (unit shortage cost)
    L= 9.00 (lead time in days)
    WD = 250.00 (working days per year)

    Decision
    Q= 1000 (before solver - set Q=1000)
    Result
    Reorder Point 216.00

    Annual Setup Cost $ 690.00


    Annual Holding Cost $ 2,100.00
    Total Variable Cost $ 2,790.00
    Basic EOQ Model

    Data
    D= 6000 (Demand /year)
    K= $ 115.00 (Setup cost)
    h= $ 4.20 (unit holding cost)
    p= $ 7.50 (unit shortage cost)
    L= 9.00 (lead time in days)
    WD = 250.00 (working days per year)

    Decision
    Q= 573.21150421 (after solver - GRG Nonlinear method)
    Result
    Reorder Point 216.00

    Annual Setup Cost $ 1,203.74


    Annual Holding Cost $ 1,203.74
    Total Variable Cost $ 2,407.49
    Basic EOQ Model

    Data
    D= 6000 (Demand /year)
    K= $ 115.00 (Setup cost)
    h= $ 4.20 (unit holding cost)
    p= $ 7.50 (unit shortage cost)
    L= 9.00 (lead time in days)
    WD = 250.00 (working days per year)

    Decision
    Q= 573.21150422 Optimal Q formula: SQRT(2KD/h)
    Result
    Reorder Point 216.00

    Annual Setup Cost $ 1,203.74


    Annual Holding Cost $ 1,203.74
    Total Variable Cost $ 2,407.49

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