Period t2 for Purchase Model with Shortage Calculator

✖The Maximum Stock out Purchase Model is the maximum capacity of a business to stock goods.ⓘ Maximum Stock out Purchase Model [Q₂]			+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 t2 Purchase Model with Shortage is the production of items is discontinued but the consumption of items is continued.ⓘ Period t2 for Purchase Model with Shortage [t_{2 ps}]

⎘ Copy

👎

Formula

LaTeX

Reset

👍

Download Industrial Engineering Formula PDF PDF Image

Period t2 for Purchase Model with Shortage Solution

STEP 0: Pre-Calculation Summary

Formula Used

Period t2 Purchase Model with Shortage = Maximum Stock out Purchase Model/Demand per Year
t_{2 ps} = Q₂/D
This formula uses 3 Variables

Variables Used

Period t2 Purchase Model with Shortage - Period t2 Purchase Model with Shortage is the production of items is discontinued but the consumption of items is continued.
Maximum Stock out Purchase Model - The Maximum Stock out Purchase Model is the maximum capacity of a business to stock goods.
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 Stock out Purchase Model: 148.5563 --> No Conversion Required
Demand per Year: 10000 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

t_{2 ps} = Q₂/D --> 148.5563/10000

Evaluating ... ...

t_{2 ps} = 0.01485563

STEP 3: Convert Result to Output's Unit

0.01485563 --> No Conversion Required

FINAL ANSWER

0.01485563 ≈ 0.014856 <-- Period t2 Purchase Model with Shortage

(Calculation completed in 00.004 seconds)

You are here -

Home » Engineering » Mechanical » Industrial Engineering » Manufacturing Period » Period t2 for Purchase Model with Shortage

Credits

Created by Suman Ray Pramanik

Indian Institute of Technology (IIT), Kanpur

Suman Ray Pramanik has created this Calculator and 50+ more calculators!

Verified by Team Softusvista

Softusvista Office (Pune), India

Team Softusvista has verified this Calculator and 1100+ 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 t2 for Purchase Model with Shortage Formula

LaTeX Go

Period t2 Purchase Model with Shortage = Maximum Stock out Purchase Model/Demand per Year
t_{2 ps} = Q₂/D

What is period t2 for purchase model with shortage?

During period t2, the production of items is discontinued but the consumption of items is continued. Hence the inventory is decreased at the rate of r units per period during this period. For a purchase model with shortage, it is equal to the ratio of the maximum stock out to the demand per year. During this time the shortages develop.

How to Calculate Period t2 for Purchase Model with Shortage?

Period t2 for Purchase Model with Shortage calculator uses Period t2 Purchase Model with Shortage = Maximum Stock out Purchase Model/Demand per Year to calculate the Period t2 Purchase Model with Shortage, Period t2 for Purchase Model with Shortage is the model in which production of items is discontinued but the consumption of item is continued. Period t2 Purchase Model with Shortage is denoted by t_{2 ps} symbol.

How to calculate Period t2 for Purchase Model with Shortage using this online calculator? To use this online calculator for Period t2 for Purchase Model with Shortage, enter Maximum Stock out Purchase Model (Q₂) & Demand per Year (D) and hit the calculate button. Here is how the Period t2 for Purchase Model with Shortage calculation can be explained with given input values -> 0.014856 = 148.5563/10000.

FAQ

What is Period t2 for Purchase Model with Shortage?

Period t2 for Purchase Model with Shortage is the model in which production of items is discontinued but the consumption of item is continued and is represented as t_{2 ps} = Q₂/D or Period t2 Purchase Model with Shortage = Maximum Stock out Purchase Model/Demand per Year. The Maximum Stock out Purchase Model is the maximum capacity of a business to stock goods & 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 t2 for Purchase Model with Shortage?

Period t2 for Purchase Model with Shortage is the model in which production of items is discontinued but the consumption of item is continued is calculated using Period t2 Purchase Model with Shortage = Maximum Stock out Purchase Model/Demand per Year. To calculate Period t2 for Purchase Model with Shortage, you need Maximum Stock out Purchase Model (Q₂) & Demand per Year (D). With our tool, you need to enter the respective value for Maximum Stock out 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.

Home

FREE PDFs

🔍 Search