— : n \g Lover ny tonkecl ) a vemtery depinecl asany tlle THe! | an enterprise. 5b 15 a Physiol Bioko re leeple for Pure whe. Ta a poctergs Ket Paventory mney be tw tee form % Sree Reus meserials , forty Som [gittect Fors Ce. An Enventory rang abe faclude prernitire » machinery ft Ty op Davertory Trave are Bye tyre +, favesdtovien rarely ty Tranmpe rtehien Rn verte nek ii) Suffer invertorted ii’) Ank apation on vente nek Ww) Derovp Line enventorie® ) Trompe rtution anvendoviek - Tey corte. me the troretpertotion op Pnventory Cems to Ke VaoRnad dittsib tion Centres and att mer trom varios Produclion Unkre?. Tae amatoy arensportation faverdery di penda m te Hime Cound fn tra portation Orel Hee precise % Ke dtmend wi) BAer rrverbnicd » Treht Ore rrcButetned te pret tue urcertetnkes OF dimer 4 Supely . fii) AnUcepation Ravertorien These oe butte 3 cnlicip tine or forseokong (ue 94 7 to Diweall Fostivel; eleetricn¢ advance FF) fos entormple , Prrectere: gtre clemenel Oruckens bersore t bors oy Coolend befrore due on tet oy tees Stem wor Sees iv) Decopiusy Paventores ! The thvertorief Uwteo( do Rect tue toctewrclaperrclerr co by fe varioncg Atneyes oF, Prodtuclien deesupttueg faventoneds v) hot %e faventovied ¢ Gemeratiy tae rete e AySiern are Kiwndn gx lowsurmphepoy 14 Bip terent drom as Sate 4 Procluckion ox purchakdrg Teexepore the Ptermns ane Predtuted fa herger qrenkihes which aust tu Jot Ang, abe kuson ar YC lverdovier Tarverdory tS | There are four Cote qoried % Saverdory Cab aklorerted WH matrtotrg fe Puverntortes, Thoge are 2) them C prectaction or punctets cost } i) Ordertug or Setup leSt ii) Camrysies or helclfug Ceft iy) Shertos Bete iii) a ¢ ) nerrege OF Ahecie a |Fite welt 3 7 - x AL | Tt Puperd fothe loft afforiatect waite aw Qe) ° Pens, whether fb id manupachred oF Purchated The Pu aate pp will be Lenstdlered olen Aisveunts are allowsel for any purclute oubeve a Cortada qurcacbity - Vi) Seat ot Cg) : mete ete eclucte Hac peel CSE akeaated worth ebeat nits tre geo through placdeg of am oretion cacct Poorchabtng | manipachirtig 0x setting OF A mmaclinery before Serkeg the Prrecluctionen. They Pucducte te ttt procein toy he gos auoltiy op Purcoet ey” Sreqpersttionr , follero “+P Cenbeh ac. TRE Ore alio Callel order CHA OF aueplemisnment MA , usually olencted by & por Production fu Ceyete) . Tey are ahsurmssl 4p be Puclepemcdint fue Gurankity cordlerecl or porous - iit) camping oF prolcling cot (C1) 2 The ett AKodated oti COBPS ox hole we tHe Gooks Pn Brock 6k Kuen ob noidlag ov Campus cet. WuUich Fg dovotect by Cy per ut o geod tos a cunt OL me Hotdiag Colt 1S arfumuel to vary ci retly win tse 46 Of Tnvertosy A well a8 tye Himebey tian ts fem 1S bed iw bre Te. tollnarug Usrnpon tnd 4. cevitityle than bediiog be , d Th jeberese hors & ws ‘ (0) Trvitted corpttad ott te Cop! tad. fuvedded over peck odtriniatedive ott (b) Perord Keepiog qt fudude ts atts abo chet Hovde “4 Ak: we pron nnvertack Of Ate fit, the Aust ok exit op wi Joon Ae [4) Sherecpe Ota (2) Depretedion WtZ (4) Tans cuucl Prbuinaance che. LE Pin tee pyrtake 47 Phen, D 4 tee Stock poidiog oAk per wet re Velut, tun tut rol Atay ust C= IP aia teraction oO) Fee ce oud ht Cm) The penetty os a Petust oh mamnty cot w) Shortage st o7 Ste tte Het are Pneunrucl of grode C0 i, Suortege) Are mk Oth. THe re cbervreted bog cy rer Kaew as Shortage ov Stock writ %% goo? pore diemnemel bor Te goes Daltor date ( back hog cared, Specifiect perieel 4 the umpuad Cary be Satis feof et a Hehe coltd ave Ailumeclto vary Uredly VO Hae Shortuope Wort ty @ Ornrcl He bering ame, x tu UnGilled diynenel TS Lost Cro back fog care), Shortace Cott becomes Peroportiemat -o jue Shortape Quanity Variables 8 tee Caventoay Porrblen, FTe Veriablez tnvebvecl Mn tus foventosy prochal ase op hoo hy eed 2) Controllect Vaetable ound WD) uncentro lect variables 8 Cortrotleok Variable’ ; There fuclucles three basic qd mA nomely 2) ew reer qurarkityy Of am tems Buell be ordarect VW) won hrs tr © fprequneney OF Bing a cacqpt Rican, | selan~ be placcel 2 re, Me iil) Te completion Stage op, Stobed teas, i) Uncentrollairecl Varies! Tribe frelucte pelettag | grortene aml fetap colts , Note! Tetet in vertory cet = Purchase cote toverdtory Tems + oscles? coh + Cevrarging, CofE O Shostuye CofE‘) Demmemel Demeanel 42rd te foe NWwomber o Hepirecl Por Periocl Ff rey be Krac.y Ottery pacer Temes enactly Wn terms iy Probeta’ Lites or wreny be Camptetely Umeunrh. The Derenel pattern + Themy may be Ulier oletermin hhc or paler pall Prrblems fr Lolrcy tit clemand 4 known ancl Brel are collect determinicic PreGleny where cg shore preblems Py Wien Me cleimane iv eee ord Grad ore Callecl clterminitrc Problem. Whereed fay Which te demand 1 abhurncef Hose Problem | Variable Gre Catlecl ctoehese | ho be Ramclom om frebobilistc Probl, Da Cateo | Bohttrminbe homeanci (PER ahfurreel teat the Quarditted neoked dver RurbtequenF feriod 4 | Boe ore buown ehadly, However, tun eunon heme | may be yrtecl or Variable wilh Ht. suet emer L ore colli Stetic os Agra c Demag j | Prclabi LAK demancl occeurd When He dlomrenel over certain Pericel of Hoe fa net Karon wl tt Cortebody , buh Tt iD ae bg a kuaon Prubebiliny ( A Protabridic demancl mey be eiftror Art pution . mum Aradkioncurg Over a Period! o4 Atakonasy ov veol Hime.y 2 i) head Hme | oy) Tae +tme qer between tne plecchag CO cn Orlow ant He achat cunives op th Favertory 16 Knnoy af Leecl Here, Tf tee heel Gone tg Kumon ene (4 not eqel to oro 5 ene th tee clemenel ig determin BHC ett thet ore freqpdret to clo it by oscler th advance, hy toe Bre equal to tre Léeael time. if the Leaking 14 eve , there ie no neeel to owetes Cy aclvernce. TA case Leaef Hee ig a variable, Wien is Kueon only prebebiLiascetty ,tuen te twethoy °f when tp order iA more cUpprartt. The amounk and Rntag of Peplenitnment 4 brunt by Comidurivg rus expect colts o noleog, aud Anortage, over the Leal Home Haytroc! Tt) Amount lellevered C Sappey 4 Geeds) The seers of qrodk wrens bE lnthamtameench or Sprcacdk over A gercock °F Aime ~ a qeartty y 14 oxdloree Pugehare or psroclucecl, the amount cleliverecl mey vary around Ly porta oo Kuewy Poebabst lity Aemtity Junctioniv) ovdey cyte 2 The He perted behvetn the J oh goo Bucceshive orelcrl 34 neperred to at anon cyte TE May be Creekel on tax bafid ep Here folleoiug two ryred OK, drvertory Preview Sytteons aul) lontinrcuh eviews * The wecorel of the Puventosy Level is ected tertinualy Urth a ceateia Sewer Lint Cennon at veorder devel) ig Reached bexore a new order (4 placed . This i4 opie Kune ag QA hoo—bin System B) Portedie peveee ) Da deb tak Tnverrtrng leveli avo newiewseel af taal Hme fudervedld arch owrlord are Place at Suclr Putervelf TAS ducamntiny ordered each Hume clepencll om 1 anvil Ravertory Level at te Heme of Suview 8, VY) Time Herzen 2 The Hamme ported over wich He Savente ny evel witl be Controlled [4 Kuoon “ ame Horiyen vi) Reorder Dovel The Sov between the maximum aul dye niveau Shee ot WRC The Puerlatiug (manupacrertug ) ackivities tor *eplenishment must begin 15 Fuso as Rtorcler Level Tee @rvertory model Com be certipect Satee fn hwo Cate goyied“(ty Determinish © Cavemtony medel 5 (W) Prcbab? GAR C Tr verdory nreetol () Delerninisse favertory Model A Tr ter model, the Derercd athumecl tp be J xX0f Completely Predeterninecl bby, Stekic Demerel Onl cut, ode are neyerred fe at economic Lot Bye moles. There are tour typed ob prodcl& uncir Ha Codegory namely, @) Purchattoc, model with no shortagel 1) Memnupachuring prokel wikr No Shortage? Gee) Pura tong proclal wry Shortagek ) Mans pacuring pradal woth. Shortegpel E0G (Economic osder quantity Met podels | 7. Ww? ue Blrorterey’ ) Model 1: Purchading model H9 Pty mo Srertasyek ! : (Q) THe eeononic Lot Rye sytem ptt, Uiperm | demand, | surg model, we heave to dexive an econeraic thu | qonamic Lok RBC goweule tor Kae Opheim Product | von eyeing ‘gh per Uyede OF a Birgle foroduck so od to mivindye, The total average Variedole ose per Uk BeThe aMumphont bor fis model ave af bellows (DO Demanel Rate 4 Umjporny (it) beack Arne 14 Bere I) Production sate iA Pognate tae Prroluctico TA iwttantancers IW) Showtayes eve not atloved v) He (hiccey colt 2 Hupess Cc, Pew cert Yortity umt , Pee unit time vi) Set-up ult iA Aupecd G per tme sed—up Lek facy Production Uyjcle be made ouf Pred lictervalh “O cunel therepore tae wantity ey! cA meacly Present fin the: Begining beginning (4 Ga Rt Where R ty Ko dames Nolet. Stace Ms Ateck (A Smetl time le Ret, tue sok tw totel time 4 pitt be & = (Rtete=$et*= Lat =f a an (e+=4) ° = Are 5 tee Pavershery Apoa The greprical aelution on Hk fnventeay it Suacn belowPL MI = Reb — <4 ° \ Nas \ : > Time. The Mole op meplemishment = Lape of He Line op = bung? = be THR Code OE ee Watehtug fn Puvewosy per Procuctiog from =, x Area op Aor = c, {RE a The Sefup cst Per Proctuchen =G Pew production per watt Lme Prdesvel The tht equation tA Piven by the averene total wht = ct) a+ [ORG] = Gee yc ag [(af+s] ah + $3(the Minimum aq veraye oR vty *k DUinimun, VE have Whidr Hence CU) is minimum bor oPtimeom time tnterval TRE optimum TWorkty ty be Produce Corelewed ) at each tutervet €* is x 7 = Rt ~e [2% _faqe cin Ta catled the optimal Lot THs, at re yormuter Min ett eet a C= PRI 2S 4G aR ft GR 2c = f(g & Cog FEES = (Raaknv a lenMb tA Of Melek L @ 1. OPHmuny number of orelond placeel Per geur fee, acs 2. Ophmem Verney ta Ob dime befvern orclendS = (26 Re, 3. Mik mom tpdel cnnual Pavertory ott he Optimem (ot Alpe porter qt =[8a8 velhoch Be. Mamugerchuring macil ita no shox tegag BE C= helelng Colt pea Pfem fea wt time G=0 hey Shortacer ave moe Peart tecl 3 = Set-up Cet Per Preclucties e cycte R= numbere, Mem’ neporel per urit Gme ie, clemrancl freche (ke >R) 14 the Prediction wate, wus iz ate orl oprectes teen R be Weal between Production cgdles a= Rte the number of Phen pooctuced pew Protection mus: Ty HA medal each Production tycle courts q two parts ty avct te where i) tris He period avrtog. polich the Stock (2 Graving ak Hee TOAke K-R) fem Pew unt Bme W) ta % he period luring wlock there if a0 drop Lemishm ent (supply oF procluction) but there i4 erty A Comttant demenel at fe Wwe afume tek gq is th evlo, Hime ti, wolady @ Rote R. Larter e Brow avilable et the ia expected to be Griwmed during me Promadutug pesied ty ab h@ Catumption made &ptecl quanery Poroctrce cl cluntng tne cyrerretityy vous iA Sfuce the potied Producten biA Lv ancl the &y 14 RE, tHe rameduiug Lorsumeck cust “4 joe ported Quemnsity thet iA Atvredk cluatow ty iz Pren bg a=a-Rt A= 7-RACK-K) L= @&+ RACK-R) K-R Q Ry colt bor time Partecl € =@ons) xc New noteling Sp Max ob c pr gedSLOtg a cef-op USE bor the pestocl t = _ total average eoft Ue given lng te ott equedion cca) = Brite et —— *r = c € RE ®&I- K-Ray cyt C3 k € HL k-Rag+ eR = + Fer opfimum val eo & We ewe Ac et(i-k& or S38 = az 2 a) 7 wun gave, Z=(23° Re < kK-R Also, Ae 20+ 2QR er av | po 2 we hee a*-\2S Re cy) K-R =[2SE (optimal Hime tnteaval) <, RCK-R) ots eae = PCE) SE Coprimol lot S32 forruca)Modol 2 Chorncdheraisecds OF 1) OpGmom number Of Produclon AW pew « 11) optimum Leng te oy, eee ot Zire prwduclion Au b & - x PE, ee ili} ePlimum Lot Arvn ae a” = [B38 Se, a Iv) Total mintmom Procluction Inventory cost Tet = peas FS wole: (1) Ip K=A then CXS fa, there will be mo hotcllug ESE cncl Aef-up Coit it) Zp kee ey then Wit moelel nee te Precduchion Hate i+ ulte, tucot to Moder((o) ped TRE etree Deameanet op on fem f4 3200 LNs Tie rth Gost ih 2G cond Paverdory Cea peed Charges aye 29% Pew Annan), T}, the cof ef one Peroclmetion Poroaunement id F150, dcbermine the 2) Coa it) Number 5 owen’ por Geer tmrvreguctive osclond coal i) Time bebveen we ) THe optima Solutions Given R= 300 Unt {s, cs cxL , ©=6,Til) Time between wo tmaeertive oxelord ete n* = +b year oF 3 months 4 IN) The optimad cost = aciegh = 6x 3200 +/Ax Bx 1S0% =X50|u 0) Crk tk Gx 320074 \ Erample 2) The demamel rele of a pertieslar tem ig \2000 Unt’ Pew year. Tae 4efop Cost per vun is F350 and the Waleling cott 14 F020 Per unit Per month. If n° Shortages ove adlosrecl anc the replacement 4 fnitamtanench , eletermive (©) The optimem aun 4ixe (i) THE optimum Scheduling Porioel Gil) Minimum total expected annual Code Selution: Demancl nele, R= 1Ro0e Pow gear Holdtug cof Cp = Fr Por Unik pew 4 month Ml FOL = ¥aH per unt per yor Setup We, Ca = F390 Pew run(O OPtimunn Lot ae =y'= [RES @ | = [2x |acvcox3So oH = |aFo uns (ii) oPpimum Schectulfug pemteel C ia, Hme bebwern Q cmscurtive oxclend) LY = & alee RK }Q000 qe i} 1€72¥IR ponths 12000 1.¢q months I (iit) Minimum tebe erpectecl annul cost = JERAC3 =YAxI9000% 24 X350 FE aqo per gee. Cramptie 3: An Prem i& Procuctel af He Mate of so Units poo chewy: TRE clemound oceunt ot He Mate of 2S ftemy per doy Ep toe Bet UP Coit 14 Eloo per Mm ancl +e nelctag ust ik Fool per unit of Them , per clery , Pract tee exemeric Lol 43¢ por ont gui, ai sumriig thak Awor topes are not Per. mitted, Ao peucl tae Kime of We Gye comet riviun, eft por ong MrSelikion! Give riven, Demenrel Precke Roa 25 Prema Por cle Phorm Peo Aug Poroctachon roke Eloo per TH Set-up esse, &3 Holeltue Co8E C= Fool d permit Per de} {) Beonemte fot 43e oF = PBR ec} R Ax loox 2S | SO 2: oo yma? Jooo unt S a it) . ptetonaien tess cose 4 Ben Mf “ z ES st per num = TKO 4 Minimum = 300.