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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

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