Safe stock amount calculation method, safe stock amount...

Details Safe stock amount calculation method, safe stock amount... Safe stock amount calculation method, safe stock amount...

2011-04-26

2011-04-26

Gort, Elaine (Department: 3687)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Including point of sale terminal or electronic cash register

C705S028000

Reexamination Certificate

active

07933805

ABSTRACT:
A safety stock amount calculation method includes calculating a probability Pb that a delivery time for a certain commodity required by a customer is shorter than its lead time L, calculating an average LL of a difference between the lead time L and the customer's required delivery time when the lead time L exceeds the customer's required delivery time, correcting an inventory adjustment period N by using the average value LL, and calculating a safety stock amount SS by the equations SS=Pb×k×(√N×F)×σ, wherein σ is a standard deviation of demand for the commodity, N is a corrected inventory adjustment period, Pb is a probability, F is a shipment frequency, and k is a safety coefficient.

REFERENCES:
patent: 4-180165 (1992-06-01), None
patent: 7-306894 (1995-11-01), None
patent: 9-120424 (1997-05-01), None
patent: 2000-94276 (2000-04-01), None
International Preliminary Examination Report issued Apr. 14, 2005 in PCT/JP2003/010245, including Forms PCT/IB/336 and PCT/IPEA/409 (in English).

Affiliated with

Also associated with

Rating

Safe stock amount calculation method, safe stock amount... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Safe stock amount calculation method, safe stock amount..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Safe stock amount calculation method, safe stock amount... will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-2628335