TOTAL ANNUAL INVENTORY COST

P1

TOTAL ANNUAL INVENTORY COST
SUMMARY
Q = ORDER QUANTITY =
AVERAGE INVENTORY =
NUMBER OF ORDERS =
CARRYING COST =
ORDERING COST =
TOTAL COST
OPTIMAL TIME BETWEEN ORDERS =

P2

TOTAL ANNUAL INVENTORY COST
SUMMARY
Q = ORDER QUANTITY =
AVERAGE INVENTORY =
NUMBER OF ORDERS =
CARRYING COST =
ORDERING COST =
TOTAL COST
OPTIMAL TIME BETWEEN ORDERS =

P3

SUMMARY
Q = ORDER QUANTITY =
AVERAGE INVENTORY =
NUMBER OF ORDERS =
CARRYING COST =
ORDERING COST =
TOTAL COST =
DEMAND PER DAY =
REORDER POINT =

P4

ORDERING ORDERING
EOQ 5,000
=
Average inventory = Q/2 =
Annual carrying cost =
Number of orders =
Annual order cost =
Total inventory purchase cost =
Total inventory cost =

P5

ORDERING ORDERING ORDERING ORDERING
EOQ 1,000 3,000 6,000
=
Average inventory =
Annual carrying cost =
Number of orders =
Annual order cost =
Total inventory purchase cost
Total inventory cost =