OBJECTIVE
Minimize the total inventory investment while keeping
- The Order Frequency less than or equal to 20
- The Aggregate Fill Rate to greater than or equal to 0.98
by adjusting the Reorder Points and Reorder Quantities
Results
Item 1 ROQ | Item 1 ROP | Item 2 ROQ | Item 2 ROP | Item 3 ROQ | Item 3 ROP | Item 4 ROQ | Item 4 ROP | Item 5 ROQ | Item 5 ROP | Order Frequency | Fill Rate | Backorder Level | Inventory Investment | Stockout per Investment |
25 | 17 | 125 | 83 | 13 | 8 | 25 | 17 | 250 | 167 | 19.85 | 98.42 | 1.8928 | $48,706.29 | 27.58 |