Period t1 Purchase with Shortage Solution

STEP 0: Pre-Calculation Summary
Formula Used
Period t1 Purchase with Shortage = Maximum Inventory Purchase Model/Demand per Year
t1 ps = Qpurch/D
This formula uses 3 Variables
Variables Used
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.
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.
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.
STEP 1: Convert Input(s) to Base Unit
Maximum Inventory Purchase Model: 928.4767 --> No Conversion Required
Demand per Year: 10000 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
t1 ps = Qpurch/D --> 928.4767/10000
Evaluating ... ...
t1 ps = 0.09284767
STEP 3: Convert Result to Output's Unit
0.09284767 --> No Conversion Required
FINAL ANSWER
0.09284767 0.092848 <-- Period t1 Purchase with Shortage
(Calculation completed in 00.004 seconds)

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8 Manufacturing Period Calculators

Period t2 Manufacturing with No Shortage
​ Go Period t2 Manufacturing Model no Shortage = EOQ Manufacturing Model No Shortage*(1-(Demand per Year/Production Rate))/Demand per Year
Period t4 Manufacturing Model
​ Go Period t4 Manufacturing Model with Shortage = Maximum Stock out Manufacturing Model/(Production Rate-Demand per Year)
Period t1 Manufacturing with Shortage
​ Go Period t1 Manufacturing with Shortage = Maximum Inventory Manufacturing Model/(Production Rate-Demand per Year)
Period t2 for Manufacturing Model with Shortage
​ Go Period t2 Manufacturing Model with Shortage = Maximum Inventory Manufacturing Model/Demand per Year
Period t3 Manufacturing Model
​ Go Period t3 Manufacturing Model with Shortage = Maximum Stock out Manufacturing Model/Demand per Year
Period t2 for Purchase Model with Shortage
​ Go Period t2 Purchase Model with Shortage = Maximum Stock out Purchase Model/Demand per Year
Period t1 Manufacturing with No Shortage
​ Go Period t1 Manufacturing no Shortage = EOQ Manufacturing Model No Shortage/Production Rate
Period t1 Purchase with Shortage
​ Go Period t1 Purchase with Shortage = Maximum Inventory Purchase Model/Demand per Year

Period t1 Purchase with Shortage Formula

Period t1 Purchase with Shortage = Maximum Inventory Purchase Model/Demand per Year
t1 ps = Qpurch/D

What is the period t1 for purchase with shortage?

During period t1, 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. So during this period, the inventory is built at the rate of (k-r) units per period. For the purchase model with shortage, it is equal to the ratio of the maximum inventory to the demand per year. During this time the inventory exhausts.

How to Calculate Period t1 Purchase with Shortage?

Period t1 Purchase with Shortage calculator uses Period t1 Purchase with Shortage = Maximum Inventory Purchase Model/Demand per Year to calculate 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 calculate Period t1 Purchase with Shortage using this online calculator? To use this online calculator for Period t1 Purchase with Shortage, enter Maximum Inventory Purchase Model (Qpurch) & Demand per Year (D) and hit the calculate button. Here is how the Period t1 Purchase with Shortage calculation can be explained with given input values -> 0.092848 = 928.4767/10000.

FAQ

What is 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 and is represented as t1 ps = Qpurch/D or Period t1 Purchase with Shortage = Maximum Inventory Purchase Model/Demand per Year. 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 & Demand per Year is the number of goods that consumers are willing and able to purchase at various prices during a given year.
How to calculate 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 is calculated using Period t1 Purchase with Shortage = Maximum Inventory Purchase Model/Demand per Year. To calculate Period t1 Purchase with Shortage, you need Maximum Inventory Purchase Model (Qpurch) & Demand per Year (D). With our tool, you need to enter the respective value for Maximum Inventory Purchase Model & Demand per Year and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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