Total Optimum Cost for Manufacturing Model in Industrial Engineering Formulas

The Total Optimum Cost for Manufacturing Model is the sum of the inventory and the order cost. And is denoted by TOC_m.

Formulas to find Total Optimum Cost for Manufacturing Model in Industrial Engineering

fxTotal Optimum Cost for Manufacturing ModelGo

fx Demand per Year Go

fx Carrying Cost Go

fx Order Cost Go

fx Production Rate Go

What is the Total Optimum Cost for Manufacturing Model?

The Total Optimum Cost for Manufacturing Model is the sum of the inventory and the order cost.

Can the Total Optimum Cost for Manufacturing Model be negative?

{YesorNo}, the Total Optimum Cost for Manufacturing Model, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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