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8/3/2019 ch12_part3_-ReorderPoint[1]
1/20
Oct 23 ISMT162/Stuart Zhu 1
Reorder Point Systems
EOQ with a reorder point
The reorder point problem
The service level method
Fixed-order-interval model
Reading: Page 563-573
8/3/2019 ch12_part3_-ReorderPoint[1]
2/20
Oct 23 ISMT162/Stuart Zhu 2
EOQ with a Reorder Point
The replenishment leadtime or simply leadtime is
denoted byL (we assumeL