ch12_part3_-ReorderPoint[1]

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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