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INVENTORY SCHEDULE

Initial Inventory 100


System Safety Stock Level of Inv.Pos. 20
Costs
Parameters Order Quantity 200
Lead Time 1

Inventory Policy s-Q Policy

Beginning of the Week End of the Wee


Net Inventor Net
Period Order Inv.On Inv.On
Inventor y Demand Inventor
(week) Arrived Order Order
y Position y
1 0 100 0 100 50 50 0
2 0 50 0 50 45 5 0
3 0 5 200 205 54 -49 200
4 200 151 200 351 60 91 200
5 0 91 0 91 62 29 0
6 0 29 0 29 45 -16 0
7 0 -16 200 184 49 -65 200
8 200 135 200 335 63 72 200
9 0 72 0 72 70 2 0
10 0 2 200 202 43 -41 200
11 200 159 200 359 50 109 200
12 0 109 0 109 36 73 0
13 0 73 0 73 41 32 0
14 0 32 0 32 39 -7 0
15 0 -7 200 193 45 -52 200
16 200 148 200 348 49 99 200
17 0 99 0 99 63 36 0
18 0 36 0 36 70 -34 0
19 0 -34 200 166 43 -77 200
20 200 123 200 323 50 73 200
21 0 73 0 73 36 37 0
22 0 37 0 37 50 -13 0
23 0 -13 200 187 54 -67 200
24 200 133 200 333 60 73 200
25 0 73 0 73 62 11 0
26 0 11 200 211 45 -34 200
27 200 166 200 366 49 117 200
28 0 117 0 117 63 54 0
29 0 54 0 54 70 -16 0
30 0 -16 200 184 50 -66 200
31 200 134 200 334 36 98 200
32 0 98 0 98 41 57 0
33 0 57 0 57 39 18 0
34 0 18 200 218 45 -27 200
35 200 173 200 373 49 124 200
36 0 124 0 124 63 61 0
37 0 61 0 61 70 -9 0
38 0 -9 200 191 43 -52 200
39 200 148 200 348 50 98 200
40 0 98 0 98 36 62 0
41 0 62 0 62 50 12 0
42 0 12 200 212 54 -42 200
43 200 158 200 358 60 98 200
44 0 98 0 98 62 36 0
45 0 36 0 36 50 -14 0
46 0 -14 200 186 70 -84 200
47 200 116 200 316 43 73 200
48 0 73 0 73 50 23 0
49 0 23 0 23 36 -13 0
50 0 -13 200 187 70 -83 200
51 200 117 200 317 50 67 200
52 0 67 0 67 36 31 0
ORY SCHEDULE

Weekly Holding Cost (per unit) 1


Unit (variable) Cost 2
Costs Order (fixed) Cost 20
Weekly Penalty (Backorder) Cost 3

End of the Week Weekly Costs


Inventor Fixed
Order Order Holding Var.Orde Backorde
y Order
Placed ? Quantity Cost r Cost r Cost
Position Cost
50 No 0 50 0 0 0
5 Yes 200 5 400 20 0
151 No 0 0 0 0 147
291 No 0 91 0 0 0
29 No 0 29 0 0 0
-16 Yes 200 0 400 20 48
135 No 0 0 0 0 195
272 No 0 72 0 0 0
2 Yes 200 2 400 20 0
159 No 0 0 0 0 123
309 No 0 109 0 0 0
73 No 0 73 0 0 0
32 No 0 32 0 0 0
-7 Yes 200 0 400 20 21
148 No 0 0 0 0 156
299 No 0 99 0 0 0
36 No 0 36 0 0 0
-34 Yes 200 0 400 20 102
123 No 0 0 0 0 231
273 No 0 73 0 0 0
37 No 0 37 0 0 0
-13 Yes 200 0 400 20 39
133 No 0 0 0 0 201
273 No 0 73 0 0 0
11 Yes 200 11 400 20 0
166 No 0 0 0 0 102
317 No 0 117 0 0 0
54 No 0 54 0 0 0
-16 Yes 200 0 400 20 48
134 No 0 0 0 0 198
298 No 0 98 0 0 0
57 No 0 57 0 0 0
18 Yes 200 18 400 20 0
173 No 0 0 0 0 81
324 No 0 124 0 0 0
61 No 0 61 0 0 0
-9 Yes 200 0 400 20 27
148 No 0 0 0 0 156
298 No 0 98 0 0 0
62 No 0 62 0 0 0
12 Yes 200 12 400 20 0
158 No 0 0 0 0 126
298 No 0 98 0 0 0
36 No 0 36 0 0 0
-14 Yes 200 0 400 20 42
116 No 0 0 0 0 252
273 No 0 73 0 0 0
23 No 0 23 0 0 0
-13 Yes 200 0 400 20 39
117 No 0 0 0 0 249
267 No 0 67 0 0 0
31 No 0 31 0 0 0
22 O23 O24 25
Inv
rder rder
Order on
Qua Arri
Placed Ord
ntit ved
er
0 y0 Q0 0 14 15 Total Holding Cost
1 200 0 200 15 16 Total Penalty Cost
0 0 0 200 16 17 Total Order Cost
0 0 200 0 17 18
0 0 0 0 18 19 Overall Cost
1 200 0 200 19 20
0 0 0 200 20 21 s-S Policy 0
0 0 200 0 21 22 s-Q Policy
1 200 0 200 22 23
0 0 0 200 23 24 Total Holding Cost
0 0 200 0 24 25 Total Penalty Cost
0 0 0 0 25 26 Total Order Cost
0 0 0 0 26 27
1 200 0 200 27 28 Overall Cost
0 0 0 200 28 29
0 0 200 0 29 30
0 0 0 0 30 31
1 200 0 200 31 32
0 0 0 200 32 33
0 0 200 0 33 34
0 0 0 0 34 35
1 200 0 200 35 36
0 0 0 200 36 37
0 0 200 0 37 38
1 200 0 200 38 39
0 0 0 200 39 40
0 0 200 0 40 41
0 0 0 0 41 42
1 200 0 200 42 43
0 0 0 200 43 44
0 0 200 0 44 45
0 0 0 0 45 46
1 200 0 200 46 47
0 0 0 200 47 48
0 0 200 0 48 49
0 0 0 0 49 50
1 200 0 200 50 51
0 0 0 200 51 52
0 0 200 0 52 53
0 0 0 0 53 54
1 200 0 200 54 55
0 0 0 200 55 56
0 0 200 0 56 57
0 0 0 0 57 58
1 200 0 200 58 59
0 0 0 200 59 60
0 0 200 0 60 61
0 0 0 0 61 62
1 200 0 200 62 63
0 0 0 200 63 64
0 0 200 0 64 65
0 0 0 0 65 66
(xi-x) Net Inventory
Backorder
DemandSafety Level
1821 1 0 0 0 1.76 50 0 50 20
260 1 1 0 0 40.03 5 0 45 20
2583 1 0 0 49 7.15 -49 -49 54 20
1 0 1 0 75.22 91 0 60 20
4664 1 0 0 0 113.91 29 0 62 20
1 1 0 16 40.03 -16 -16 45 20
1 0 0 49 5.41 -65 -65 49 20
1 0 1 0 136.26 72 0 63 20
1 1 0 0 348.68 2 0 70 20
1821 1 0 0 41 69.34 -41 -41 43 20
260 1 0 1 0 1.76 109 0 50 20
2583 1 0 0 0 234.91 73 0 36 20
1 0 0 0 106.65 32 0 41 20
4664 1 1 0 7 151.95 -7 -7 39 20
1 0 0 45 40.03 -52 -52 45 20
1 0 1 0 5.41 99 0 49 20
1 0 0 0 136.26 36 0 63 20
1 1 0 34 348.68 -34 -34 70 20
1 0 0 43 69.34 -77 -77 43 20
1 0 1 0 1.76 73 0 50 20
1 0 0 0 234.91 37 0 36 20
1 1 0 13 1.76 -13 -13 50 20
1 0 0 54 7.15 -67 -67 54 20
1 0 1 0 75.22 73 0 60 20
1 1 0 0 113.91 11 0 62 20
1 0 0 34 40.03 -34 -34 45 20
1 0 1 0 5.41 117 0 49 20
1 0 0 0 136.26 54 0 63 20
1 1 0 16 348.68 -16 -16 70 20
1 0 0 50 1.76 -66 -66 50 20
1 0 1 0 234.91 98 0 36 20
1 0 0 0 106.65 57 0 41 20
1 1 0 0 151.95 18 0 39 20
1 0 0 27 40.03 -27 -27 45 20
1 0 1 0 5.41 124 0 49 20
1 0 0 0 136.26 61 0 63 20
1 1 0 9 348.68 -9 -9 70 20
1 0 0 43 69.34 -52 -52 43 20
1 0 1 0 1.76 98 0 50 20
1 0 0 0 234.91 62 0 36 20
1 1 0 0 1.76 12 0 50 20
1 0 0 42 7.15 -42 -42 54 20
1 0 1 0 75.22 98 0 60 20
1 0 0 0 113.91 36 0 62 20
1 1 0 14 1.76 -14 -14 50 20
1 0 0 70 348.68 -84 -84 70 20
1 0 1 0 69.34 73 0 43 20
1 0 0 0 1.76 23 0 50 20
1 1 0 13 234.91 -13 -13 36 20
1 0 0 70 348.68 -83 -83 70 20
1 0 1 0 1.76 67 0 50 20
1 0 0 0 234.91 31 0 36 20
Safety Level Period (week)
Net Inventory
<=52 <0
Calculate Up to Week: 52

STATISTICS

Demand Orders
Total Demand Arrived: 2,669 Number of Orders Placed:
Minimum Demand Quantity: 36 Number of Orders Arrived:
Maximum Demand Quantity: 70 Number of Units Ordered:
Weekly Average Demand: 51.33 Number of Units Arrived:
Standard Deviation: 10.44

Inventory Customer Satisfaction


Average Net Inventory: 18.46 Orders satisfied immediately:
Minimum Inventory Observed: -84 Orders backordered:
# of Units Backordered: 739 Avg Delay for b/o'd demands:
# of Units*Weeks Backordered: 861

70
67.5
65
62.5
60
57.5
55
52.5
50
47.5
45
42.5
40
37.5
35
1 2 3 4 5 6 7 8 9 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 3 3 3
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
COSTS

Orders Placed: 13 Holding Cost 1,821


Orders Arrived: 13 Backorder Cost 2,583
Units Ordered: 2,600 Variable Order Cost 5,200
Units Arrived: 2,600 Fixed Order Cost 260
Total Cost 9,864

Satisfaction
sfied immediately: 72.31%
kordered: 27.69%
or b/o'd demands: 1.1651 wk.

Net Inventory

2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 5 5 5
5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2
Follow the steps to enable your Inventory Schedule.
>> Notation used in this template is described below:
Net Inventory: Level of inventory (inventory on hand when positive and quantity backordered when
Inventory on Order: Quantity of units for which order is displayed but not reached the inventory yet.
Inventory Position: Net Inventory + Inventory on Order
s-Q Policy: An order is placed when the inventory position falls below s. Order quantity is fixed
s-S Policy: An order is placed when the inventory position falls below s. Amount of the order is
Lead Time: Number of weeks between placing an order and receiving it.
>> This template is prepared for tracking the inventory position for a single item. The template automatically s
a given policy. Inventory level is checked weekly, and the orders are placed at the end of each week (week
other time unit, up to 52 periods is available). Also a report providing the system statistics, cost compariso
available.
>> Your Inventory Schedule is ready to use. You may use "Inventory" sheet for selecting your policy and enter
You may use "Report" sheet to analyze your inventory system.
Following steps are for online use.
1) Visit the site below:
http://www.spreadsheetweb.com/getting_started.htm
You will only need the username and password to create your Inventory Schedule.
2) Visit the site below:
http://trial.spreadsheetweb.com/spreadsheetweb/
Login to page with your new account information.
3) Click "Add Web Application" to upload this file. Check "Single Record Application", this will enable to save t
Your Inventory Schedule will be created automatically.
You can simply use the Inventory Schedule from that link or place it on your website.
>> Your Inventory Schedule will look like:
http://www1.spreadsheetweb.com/SpreadSheetWeb/Output.aspx?ApplicationId=b367ef17-8124-4d97-bbef
>> In order to see more online applications created with PSW you can check the link below:
http://www.spreadsheetweb.com/demos.htm

Copyright (c) 2009 Pagos, Inc. http://www.pagos.com/


edule.

uantity backordered when negative).


hed the inventory yet.

s. Order quantity is fixed as Q.


s. Amount of the order is up to S.

e template automatically schedules the orders for


e end of each week (weeks may be replaced by any
statistics, cost comparison and inventory chart is

ing your policy and entering the weekly demands.

this will enable to save the schedule online.

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