Period t1 Manufacturing with Shortage Solution

STEP 0: Pre-Calculation Summary
Formula Used
Period t1 Manufacturing with Shortage = Maximum Inventory Manufacturing Model/(Production Rate-Demand per Year)
t1 ms = Qmfg/(K-D)
This formula uses 4 Variables
Variables Used
Period t1 Manufacturing with Shortage - Period t1 Manufacturing 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 Manufacturing Model - The maximum inventory manufacturing model is based on the number of units you expect to sell during the replenishment lead time, and the demand and supply variation.
Production Rate - Production Rate refers to the number of goods that can be produced during a given period of time.
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 Manufacturing Model: 932.4767 --> No Conversion Required
Production Rate: 20000 --> No Conversion Required
Demand per Year: 10000 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
t1 ms = Qmfg/(K-D) --> 932.4767/(20000-10000)
Evaluating ... ...
t1 ms = 0.09324767
STEP 3: Convert Result to Output's Unit
0.09324767 --> No Conversion Required
FINAL ANSWER
0.09324767 0.093248 <-- Period t1 Manufacturing with Shortage
(Calculation completed in 00.004 seconds)

Credits

Creator Image
Created by Suman Ray Pramanik
Indian Institute of Technology (IIT), Kanpur
Suman Ray Pramanik has created this Calculator and 50+ more calculators!
Verifier Image
Verified by Payal Priya
Birsa Institute of Technology (BIT), Sindri
Payal Priya has verified this Calculator and 1900+ more calculators!

Manufacturing Period Calculators

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

Period t1 Manufacturing with Shortage Formula

​LaTeX ​Go
Period t1 Manufacturing with Shortage = Maximum Inventory Manufacturing Model/(Production Rate-Demand per Year)
t1 ms = Qmfg/(K-D)

What is the period t1 for manufacturing 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 manufacturing model with shortage, it is equal to the ratio of the maximum inventory to the difference of the production rate and the demand per year. During this time the inventory exhausts.

How to Calculate Period t1 Manufacturing with Shortage?

Period t1 Manufacturing with Shortage calculator uses Period t1 Manufacturing with Shortage = Maximum Inventory Manufacturing Model/(Production Rate-Demand per Year) to calculate the Period t1 Manufacturing with Shortage, Period t1 manufacturing 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 Manufacturing with Shortage is denoted by t1 ms symbol.

How to calculate Period t1 Manufacturing with Shortage using this online calculator? To use this online calculator for Period t1 Manufacturing with Shortage, enter Maximum Inventory Manufacturing Model (Qmfg), Production Rate (K) & Demand per Year (D) and hit the calculate button. Here is how the Period t1 Manufacturing with Shortage calculation can be explained with given input values -> 0.093248 = 932.4767/(20000-10000).

FAQ

What is Period t1 Manufacturing with Shortage?
Period t1 manufacturing 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 ms = Qmfg/(K-D) or Period t1 Manufacturing with Shortage = Maximum Inventory Manufacturing Model/(Production Rate-Demand per Year). The maximum inventory manufacturing model is based on the number of units you expect to sell during the replenishment lead time, and the demand and supply variation, Production Rate refers to the number of goods that can be produced during a given period of time & 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 Manufacturing with Shortage?
Period t1 manufacturing 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 Manufacturing with Shortage = Maximum Inventory Manufacturing Model/(Production Rate-Demand per Year). To calculate Period t1 Manufacturing with Shortage, you need Maximum Inventory Manufacturing Model (Qmfg), Production Rate (K) & Demand per Year (D). With our tool, you need to enter the respective value for Maximum Inventory Manufacturing Model, Production Rate & Demand per Year and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
Let Others Know
Facebook
Twitter
Reddit
LinkedIn
Email
WhatsApp
Copied!