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Single Truck 400 Common Ordering Cost 350 Product Specific Cost 50 Product Cost/pound 1 Holding Cost 0.25

The document shows costs for different customer sizes including large, medium, and small. It calculates the economic order quantity, cycle inventory, holding costs, order frequency, ordering costs, product costs, and total costs for each customer size. The summary provides the total annual costs across all customer sizes as 106480, 31730, 27170, and 26830 for different scenarios.

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Siddharth
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46 views

Single Truck 400 Common Ordering Cost 350 Product Specific Cost 50 Product Cost/pound 1 Holding Cost 0.25

The document shows costs for different customer sizes including large, medium, and small. It calculates the economic order quantity, cycle inventory, holding costs, order frequency, ordering costs, product costs, and total costs for each customer size. The summary provides the total annual costs across all customer sizes as 106480, 31730, 27170, and 26830 for different scenarios.

Uploaded by

Siddharth
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Single Truck 400

Common Ordering Cost 350


Product specific cost 50
Product cost/pound 1
Holding Cost 0.25

Customer Number Monthlyl Consumption


Large Customer 2 12000
Medium Sized 6 5000
Small 12 1000
Large Medium Small
2 6 12
Demand 144000 60000 12000
EOQ 5367 3464 1549
Cycle Inventory 2683 1732 775
Holding Cost 671 433 194
Order Frequency 27 17 8
Ordering Cost 10733 6928 3098
Product Cost 144000 60000 12000
Total Cost 22808 44167 39504
Final Cost 106480
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.958065
R Square 0.917889
Adjusted R 0.904204
Standard E 414.5033
Observatio 8

ANOVA
df SS MS F Significance F
Regression 1 11523810 11523810 67.07182 0.000179
Residual 6 1030878 171813
Total 7 12554688

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
Intercept 18438.99 440.8087 41.82991 1.249E-08 17360.37 19517.61 17360.37 19517.61
X Variable 523.8095 63.95925 8.189738 0.000179 367.3069 680.3122 367.3069 680.3122
period
1 8000 1 8000 18963 0.42
2 13000 2 13000 19487 0.67
3 23000 19750 3 23000 20011 1.15
4 34000 20625 4 34000 20535 1.66
5 10000 21250 5 10000 21059 0.47
6 18000 21750 6 18000 21583 0.83
7 23000 22500 7 23000 22107 1.04
8 38000 22125 8 38000 22631 1.68
9 12000 22625 9 12000 23155 0.52
10 13000 24125 10 13000 23679 0.55
11 32000 11 32000 24203 1.32
12 41000 12 41000 24727 1.66

s1 0.47 f13 11867.97


s2 0.68 17527
s3 1.17 30769.83
s4 1.66 44526.18
0.3 demand probability
0.1 60 3% 13 0.39
110 70 6% 17 1.02
80 13% 21 2.73
90 18% 25 4.5
100 20% 29 5.8
110 15% 33 13.2
120 16% 37 27.64
130 6% 41
140 3% 45
Large Medium Small
2 6 12
Demand 144000 60000 12000
EOQ 40000 40000 12000
Cycle Inventory 20000 20000 6000
Holding Cost 5000 5000 1500
Order Frequency 3.6 1.5 1.0
Ordering Cost 1440 600 400
Product Cost 144000 60000 12000
Total Cost 12880 33600 22800
Final Cost 69280
Single Truck 400
Common Ordering Cost 350
Product specific cost 50
Product cost/pound 1
Holding Cost 0.25
Truck Capacity 40000

Large Medium Small Yearly SUM


2 6 12
Order Frequency 8.56
Revised Frequency 19.80
Demand 288000 360000 144000 792000
Original EOQ 33631 42039 16816 92486
Revised EOQ 14545 18182 7273 40000
Cycle Inventory 7273 9091 3636
Holding Cost 1818 2273 909 5000
Ordering Cost 26730
Total Cost 31730
CI 16816 21019 8408
holding 4204 5255 2102
Ordering 34682
Total 46243
Single Truck 400
Common Ordering Cost 350
Product specific cost 50
Product cost/pound 1
Holding Cost 0.25
Truck Capacity 40000

Large Medium Small


2 6 12
Demand 288000 360000 144000
Original EOQ 32199 43267 33082
Revised EOQ 32199 40000 33082
Cycle Inventory 16100 20000 16541
Holding Cost 4025 5000 4135
Ordering Frequency 9 9 4
Ordering Cost 4025 5850 4135
Total Cost 8050 10850 8270
Final Cost 27170
Single Truck 400
Common Ordering Cost 350
Product specific cost 50
Product cost/pound 1
Holding Cost 0.25
Truck Capacity 40000

Large Medium Small Yearly SUM


1 3 6
Individual Demand 144000 60000 12000
Order Frequency 7.63
Revised Frequency 9.90
Demand 144000 180000 72000 396000
Original EOQ 18870 23587 9435 51892
Revised EOQ 14545 18182 7273 40000
Cycle Inventory 7273 9091 3636
Holding Cost 1818 2273 909 10000
Ordering Cost 16830
Total Cost 26830

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