Sentence examples for reorder level from inspiring English sources
The results reveal the presence of a unique reorder level in the inventory wherever the order quantity is insensitive to some lead-time demand values, providing valuable direction for humanitarian relief planning efforts and future research.
We present a method to calculate job fill rates with exact expressions, and discuss a heuristic approach to optimize the reorder level and order-up-to level for each item in the kit.
The outcome of the optimization framework specifies how to move inventory throughout the supply chain and how to set inventory control parameters, i.e., reorder levels and replenishment batch sizes.
The optimum order quantity, reorder point, and service level of product i at plant k are obtained by optimizing the cost function.
The aim of the paper is to propose a generic modeling approach to integrate key features of the inventory planning decisions, made under a reorder point order-up-to-level (s, S) policy, with the location-allocation design decisions to cope with demand uncertainty.
Emergency orders are controlled by a reorder point policy with a target stock level, whereas normal orders are issued according to a reorder point policy with a fixed order quantity.
Moreover, reorder point has a direct relation with service level.
In addition, the reorder point has a direct relation with the service level.
Selling price, lot size, and reorder point are obtained by maximizing both the retailer's profit and service level.
By maximizing the service level and the retailer's profit, the optimal selling price, lot size, and reorder point (P, Q, and r) are to be obtained.
