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Title: Operations management I Formulas
Description: It is used for those who do not know how to solve and find formulas of that particular numerical.

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OPER1401 Formula Sheet Term Test #2

Total Cost =

Total Cost =

EOQ =

Average Inventory =

(

D
Q

(

D
Q

)

S

+

)

S

+

d=

)

H

(

Q
2

)

H

+

(PxD)

2DS
H
Q
2

Number of orders per year: N =

Days between orders: T =

Re-order Point =

(

Q
2

d x L
D
Number of days per year

Number of days per year
Number of orders per year

D
Q


Title: Operations management I Formulas
Description: It is used for those who do not know how to solve and find formulas of that particular numerical.