Scribd Logo
Carica

Benvenuto in Scribd!

  • Spare Part Inventory Analysis Report: Normal Distribution-Curve EOQ Model

    Caricato da

    Ranjan Shankar
    15 visualizzazioni1 pagina
    The report summarizes spare part inventory data for a material (LIGHT,BULB,AK7575,KOMATSU) over a 3 year period. It shows the annual consumption and reorder details for two plants. A graph depicts the monthly consumption over 5 years. Key metrics calculated include annual demand, economic order quantity, total holding and ordering costs, reorder point, safety stock, and service level. The report recommends minimum and maximum inventory levels.

    Descrizione originale:

    Material

    Titolo originale

    000267914

    Copyright

    © © All Rights Reserved

    Formati disponibili

    PDF, TXT o leggi online da Scribd

    Hai trovato utile questo documento?

    Questo contenuto è inappropriato?

    Segnala questo documento
    The report summarizes spare part inventory data for a material (LIGHT,BULB,AK7575,KOMATSU) over a 3 year period. It shows the annual consumption and reorder details for two plants. A graph depicts the monthly consumption over 5 years. Key metrics calculated include annual demand, economic order quantity, total holding and ordering costs, reorder point, safety stock, and service level. The report recommends minimum and maximum inventory levels.

    Copyright:

    © All Rights Reserved
    Scarica in formato PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    15 visualizzazioni1 pagina

    Spare Part Inventory Analysis Report: Normal Distribution-Curve EOQ Model

    Caricato da

    Ranjan Shankar
    The report summarizes spare part inventory data for a material (LIGHT,BULB,AK7575,KOMATSU) over a 3 year period. It shows the annual consumption and reorder details for two plants. A graph depicts the monthly consumption over 5 years. Key metrics calculated include annual demand, economic order quantity, total holding and ordering costs, reorder point, safety stock, and service level. The report recommends minimum and maximum inventory levels.

    Copyright:

    © All Rights Reserved
    Scarica in formato PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    di 1

    Spare Part Inventory Analysis Report

    3Yrs
    Annual
    Cons.

    StLoc.
    2
    Material #

    000267914

    Material Description

    LIGHT,BULB,AK7575,KOMATSU

    Unit Price

    CAD

    Plant

    0611

    Average
    Annual Reorder Point
    Cons.

    Maximum
    SoH
    Level

    CR-MINE

    141

    47

    41

    60

    60

    CR-SA

    450

    150

    10

    30

    30

    20.74

    Lead Time in Days


    Planned Delivery Lead
    Time

    GR Processing
    Lead Time

    Material Consumption for Past 5 Years or 60 Months


    000267914

    140
    120
    120
    100
    69
    66
    80
    60
    60
    57
    54
    50
    46
    60
    45
    44
    44
    42
    41
    40
    40
    37
    36
    30
    30
    30 30
    30
    30 30
    30
    30
    30
    30
    30 30
    40
    20 0
    3
    3 0 0
    1
    0 0 0
    0
    0 1
    0
    0 0
    0
    0 0
    0
    0 0
    0
    0
    0
    0
    0
    0
    0
    -1
    2014-06 2014-03 2013-12 2013-09 2013-06 2013-03 2012-12 2012-09
    2012-06 2012-03 2011-12 2011-09 2011-06 2011-03
    -202015-12 2015-09 2015-06 2015-03 2014-12 2014-09 -1

    Annual demand

    197

    Service Level

    75%

    Service Level 75%

    Per Order cost

    CAD

    SL Factor

    0.67

    Risk of a StockOut 25%

    Holding Cost /Unit/Year

    CAD

    35.00 Fixed Cost


    5.19 25 % of the Unit Price

    Economic Order Quantity

    Normal Distribution- Curve

    52

    EOQ Model

    4000

    EOQ
    Total Holding Cost
    Total Ordering Cost
    Total Cost

    95%
    68%

    Service Level
    75%

    3500

    Risk of a
    StockOut 25%

    3000

    Cost ($)

    2500
    2000
    1500

    $268.0

    1000
    500
    0
    0.1%

    0.6%

    2.3%

    6.7%

    15.9%

    30.9%

    50.0%

    69.1%

    84.1%

    93.3%

    97.7%

    99.4%

    99.9%

    50

    100

    Percentile

    150

    200

    250

    300

    350

    Order Quantity

    Safety Stock (SS)

    Demand During Lead Time

    Reorder Point (RoP)

    Economic Order Qty (EoQ)

    13

    52

    EOQ = Economic order quantity


    IOC
    Co = Cost of procurement
    Stock On Hand
    EXISTING MIN
    S = Annual usage
    Cm = Annual carrying costs
    90
    41
    U = Cost of the item.
    DDL = Demand during Lead Time or working stock.
    CAD
    1,866.60 CAD
    850.34
    S = Annual usage of the item (demand)
    LT = Lead time in days.
    Movement Type
    SS = Safety stock.
    Ranking
    SD = Standard deviation of monthly demand.
    SL = Standard deviation of Lead-time.
    Lead Time Ranking
    SL Factor = The normal distribution value which yields the desired service level factor

    Unit Cost Ranking

    Recommended MIN_MAX
    IOC
    EXISTING MAX

    SKF MIN

    SKF MAX

    60

    13

    65

    CAD

    1,244.40 CAD

    269.62 CAD

    1,348.10

    SKF Remarks

    Min= ROP and Max = ROP +


    EOQ

    Potrebbero piacerti anche