Martin-Pullin Bicycle Corp.

(EOQ)
Inventory EOQ Model
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Enter the
the input
input data
data in
in the
the cells
cells shaded
shaded YELLOW.
YELLOW.

Input Data
Demand rate, D 439
Ordering cost, Co $65.00
Carrying cost, Ch $12.24 (fixed amount)
Unit purchase cost, P

Results
Economic order quantity, Q* 68.28
Maximum inventory 68.28
Average inventory 34.14
Number of orders 6.43

Total holding cost $417.89

Total ordering cost $417.89
Total purchase cost $0.00
Total cost $835.79
Martin-Pullin Bicycle Corp. (Safety Stock)
Inventory Safety Stock (Normal DDLT)
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the input
input data
data in
in the
the cells
cells shaded
shaded YELLOW.
YELLOW.

Input Data
Mean DDLT, m 36.58
Std deviation of DDLT, s 24.581
Service level desired 95.00% (percentage)
Carrying cost, Ch $12.24

Results
Safety stock, SS 40.00 ROUND function used in cell B12
Reorder point, ROP 76.58

SS carrying cost $489.60