Period t1 Purchase with Shortage Formula

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Period t1 Purchase with Shortage is the period in which the item is produced at the rate of k units per period and simultaneously it is consumed at the rate of r units per period. Check FAQs
t1 ps=QpurchD
t1 ps - Period t1 Purchase with Shortage?Qpurch - Maximum Inventory Purchase Model?D - Demand per Year?

Period t1 Purchase with Shortage Example

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With units
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Here is how the Period t1 Purchase with Shortage equation looks like with Values.

Here is how the Period t1 Purchase with Shortage equation looks like with Units.

Here is how the Period t1 Purchase with Shortage equation looks like.

0.0928Edit=928.4767Edit10000Edit
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Period t1 Purchase with Shortage Solution

Follow our step by step solution on how to calculate Period t1 Purchase with Shortage?

FIRST Step Consider the formula
t1 ps=QpurchD
Next Step Substitute values of Variables
t1 ps=928.476710000
Next Step Prepare to Evaluate
t1 ps=928.476710000
Next Step Evaluate
t1 ps=0.09284767
LAST Step Rounding Answer
t1 ps=0.0928

Period t1 Purchase with Shortage Formula Elements

Variables
Period t1 Purchase with Shortage
Period t1 Purchase with Shortage is the period in which the item is produced at the rate of k units per period and simultaneously it is consumed at the rate of r units per period.
Symbol: t1 ps
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Maximum Inventory Purchase Model
The maximum inventory purchase model is based on the number of units you expect to sell during the replenishment lead time, and the demand and supply variation.
Symbol: Qpurch
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Demand per Year
Demand per Year is the number of goods that consumers are willing and able to purchase at various prices during a given year.
Symbol: D
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.

Other formulas in Manufacturing Period category

​Go Period t1 Manufacturing with No Shortage
t1 mns=EOQmK
​Go Period t4 Manufacturing Model
t4=Q1K-D
​Go Period t3 Manufacturing Model
t3=Q1D
​Go Period t2 Manufacturing with No Shortage
t2 mns=EOQm1-(DK)D

How to Evaluate Period t1 Purchase with Shortage?

Period t1 Purchase with Shortage evaluator uses Period t1 Purchase with Shortage = Maximum Inventory Purchase Model/Demand per Year to evaluate the Period t1 Purchase with Shortage, Period t1 purchase with shortage is the period in which the item is produced at the rate of k units per period and simultaneously it is consumed at the rate of r units per period. Period t1 Purchase with Shortage is denoted by t1 ps symbol.

How to evaluate Period t1 Purchase with Shortage using this online evaluator? To use this online evaluator for Period t1 Purchase with Shortage, enter Maximum Inventory Purchase Model (Qpurch) & Demand per Year (D) and hit the calculate button.

FAQs on Period t1 Purchase with Shortage

What is the formula to find Period t1 Purchase with Shortage?
The formula of Period t1 Purchase with Shortage is expressed as Period t1 Purchase with Shortage = Maximum Inventory Purchase Model/Demand per Year. Here is an example- 0.092848 = 928.4767/10000.
How to calculate Period t1 Purchase with Shortage?
With Maximum Inventory Purchase Model (Qpurch) & Demand per Year (D) we can find Period t1 Purchase with Shortage using the formula - Period t1 Purchase with Shortage = Maximum Inventory Purchase Model/Demand per Year.
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