Basic Fixed-Order Quantity Model and Reorder Point Behavior
{"Image DocumentName": "Basic Fixed-Order Quantity Model and Reorder Point Behavior", "Image ImageDescription": "4. The cycle then repeats. 1. You receive an order quantity Q. R = Reorder point. Q = Economic order quantity. L = Lead time. L. Q. R. Time. Number. of units. on hand. 2. Your start using them up over time. 3. When you reach down to a level of inventory of R, you place your next Q sized order.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}