Period t1 Purchase with Shortage Calculator

✖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.ⓘ Maximum Inventory Purchase Model [Q_purch]			+10% -10%
✖Demand per Year is the number of goods that consumers are willing and able to purchase at various prices during a given year.ⓘ Demand per Year [D]			+10% -10%

✖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 [t_{1 ps}]

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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
t_{1 ps} = Q_purch/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

t_{1 ps} = Q_purch/D --> 928.4767/10000

Evaluating ... ...

t_{1 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 00.020 seconds)

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Bhilai Institute of Technology (BIT), Raipur

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Period t1 Purchase with Shortage Formula

LaTeX Go

Period t1 Purchase with Shortage = Maximum Inventory Purchase Model/Demand per Year
t_{1 ps} = Q_purch/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 t_{1 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 (Q_purch) & 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 t_{1 ps} = Q_purch/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 (Q_purch) & 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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