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Material #
002353826
Material Description
BOLT,8T-4195,CATERPILLAR
Unit Price
CAD
Plant
StLoc.
0611
5 yrs
Annual
Cons.
SA
Maximum
SoH
Level
Average
Reorder Point
Cons.
2000
400
25
50
50
0.88
GR Processing
Lead Time
Latest Goods
Issue Date
11/17/2015
11/7/2015
150 150
160
140
120
100100
100
100
100
80
50
50
50
50
50
50 50 50 50 50 50 50
50 50
50 50
50
50
50
50 50
50
50
50
50 50
60
40
20 0
0
0
0 0
0 0 0
0 2
0 0
0
0
0 0
0 0
0
0
0 0 0 0 0 0
0 0
0
2015-12 2015-09 2015-06 2015-03 2014-12 2014-09 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
Annual demand
401
Service Level
75%
CAD
35.00
SL Factor
0.67
CAD
0.22
358
EOQ Model
1600
EOQ
Total Holding Cost
Total Ordering Cost
Total Cost
95%
68%
Service Level
75%
1400
Risk of a
StockOut 25%
1200
Cost ($)
1000
800
600
400
EOQ
358
200
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
150
200
Percentile
250
300
350
400
450
500
Order Quantity
15
11
26
358
IOC
EOQ = Economic order quantity
Stock On Hand
EXISTING
MIN
Co = Cost of procurement
S = Annual usage
50
25
Cm = Annual carrying costs
U = Cost of the item.
CAD
44.00 CAD
22.00
DDL = Demand during Lead Time or working stock.
S = Annual usage of the item (demand)
Movement Type
LT = Lead time in days.
Ranking
SS = Safety stock.
SD = Standard deviation of monthly demand.
Lead Time Ranking
SL = Standard deviation of Lead-time.
SL Factor = The normal distribution value which yields the desired service level factor
Unit Cost Ranking
IOC
EXISTING MAX
SKF
MIN
SKF
MAX
50
26
384
CAD
44.00 CAD
22.88 CAD
337.92
SKF Remarks