Scribd
Upload
43 views1 page

Strategy and Implementation Computation

The document discusses strategies for computation. It provides a formula for rate of production (ROP) using average daily demand over a number of simulation days. It also presents the economic order quantity (EOQ) formula but notes that daily demand is unknown, so order numbers will be estimated from experience rather than computed directly using the EOQ formula.

Uploaded by

Nanon Wiwatwongthorn
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
43 views1 page

Strategy and Implementation Computation

The document discusses strategies for computation. It provides a formula for rate of production (ROP) using average daily demand over a number of simulation days. It also presents the economic order quantity (EOQ) formula but notes that daily demand is unknown, so order numbers will be estimated from experience rather than computed directly using the EOQ formula.

Uploaded by

Nanon Wiwatwongthorn
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
You are on page 1/ 1

Strategy and implementation

Computation
ROP = d(L)  d = demand per day, since it is not constant, we used average d instead
L = 4 simulation days

EOQ =
√
2 DCo
Ch
 Due to the number of D are unknown, we do not use this formula to
compute order numbers, instead we used estimation from experience.

You might also like