Productivity
Capacity
Waiting Lines
Inventory Management
More Inventory Management
100
In break-even volume, the variable Q
What is number of customers served or units produced each year?
100
In capacity requirement for one service or product, the variable p
What is processing time (in hours per customer served or unit produced)?
100
In customer arrival Poisson distribution, the variable Pn
What is the probability of n arrivals in T time periods?
100
In any inventory management formula, the variable Q
What is lot size in units?
100
In total annual cycle-inventory cost, the variable H
What is cost of holding one unit in inventory for a year, often expressed as a % of the item's value?
200
In break-even volume, the variable F
What is fixed costs?
200
In capacity requirement for one service or product, the variable N
What is total number of hours per year during which the process operates?
200
In customer arrival Poisson distribution, the variable λ
What is average number of customer arrivals per period
200
In pipeline inventory, the variable Dbar
What is the average demand during lead time
200
In total annual cycle-inventory cost, the variable D
What is annual demand, in units per year?
300
In break-even volume, the variable P
What is revenue per unit sold (or price)?
300
In capacity requirement for one service or product, the variable C
What is desired capacity cushion (expressed as a %)?
300
In customer arrival Poisson distribution, the variable e
What is 2.7183?
300
In pipeline inventory, the variable dbar
What is the average demand for the item per period?
400
In break-even volume, the variable C?
What is variable costs?
400
In capacity requirement for multiple services or products, the variable Q
What is number of units in each lot?
400
In service-time exponential distribution, the variable μ
What is the average number of customers completing service per period?
400
In pipeline inventory, the variable L
What is number of periods in the item's lead time?
500
In capacity requirement for multiple services or products, the variable s
What is setup time (in hours) per lot?
500
In service-time exponential distribution, the difference between t and T
t is service time of the customer, while T is target service time
500
In total annual cycle-inventory cost, the variable C
What is total annual cycle-inventory cost
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