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I don't know if these formulas are useful.
Maximum Inventory (Finished Goods) = Highest Daily Production Minimum Delivery Days + Safety Factor Minimum Inventory (Finished Products) = Minimum Daily Production Maximum Delivery Days + Safety Factor Maximum Inventory = Average Daily Sales Maximum Inventory Days.
Minimum stock = safety stock + consumption within the purchase lead time.
Minimum inventory quantity = daily sales volume * arrival days + safety factor days.
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1. The maximum inventory of raw materials = the highest daily (or monthly) consumption + the longest delivery days.
2. The minimum inventory of raw materials = the minimum daily (or the lowest month) consumption + the minimum daily delivery days + the number of safe days (the number of days that cannot be delivered according to the normal delivery date due to special reasons).
Of course, under the market economy, some materials can be zero reserves, storage materials for users or other reserves that do not occupy the company's funds. If there is no other reason, seasonal reserves, special reserves, etc. can be disregarded.
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Hehe:.
Number of days in a production cycle Daily usage + safety stock = maximum inventory.
Number of days for raw material requisition Daily usage + Safety stock = Minimum inventory.
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If there is no stock in the original then:
Inbound quantity - Outbound quantity = Inventory quantity.
If it turns out to be in stock, then:
Original inventory + warehousing - outbound = current inventory.
As for what you said about the minimum and maximum stock levels.
Could you please explain what the minimum stock quantity means?
What is the maximum inventory level?
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Summary. Hello! We're glad to answer your questions!
The calculation of the highest inventory and the lowest inventory is the highest inventory (finished product) = the highest RI, the minimum delivery days + safety factor The minimum inventory in days (finished products) = the lowest RI, the maximum number of delivery days + the safety factor The maximum inventory in days = average RI, the maximum number of days in excess of the stock Minimum inventory = safety stock + the consumption within the purchase lead time Minimum inventory = RI, the number of days of overselling * the number of days of arrival + the safety factor days.
Hello! I'm glad to answer for you! The calculation method of the highest inventory and the lowest inventory is the highest inventory (finished product) = the highest RI, the minimum delivery days + safety factor The minimum inventory (finished product) in the days = the lowest RI, the maximum number of delivery days + the safety factor The maximum inventory in days = the average RI, the sales volume The highest inventory days The minimum inventory = safety stock + the consumption in the purchase lead time Minimum inventory = RI, the sales volume * the number of days to arrive + the safety factor Qilaoyan days.
Hello! We're glad to answer your questions! The formula for calculating the safety stock assumes that the daily consumption is 100pcs, then, the safety stock amount is equal to:
l t production cycle (days) * 100 + transportation time (days) * 100 + inspection time (days) * 100 + minimum inventory, but also consider the number of days of rework and redo days of unqualified product inspection, and so on. Secure storage is not the same as minimum inventory. In order to ensure that the inventory is within a safe range without incurring excessive overstock costs, you can set a minimum inventory, safety stock, and maximum inventory.
The minimum inventory can be understood as the inventory set for the factors that determine the xing and the factors that are uncertain, the safety stock can be understood as the inventory set only for the uncertain factors, and the maximum inventory can be understood as the inventory point set for the backlog cost.
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The formula for calculating the minimum inventory:
Minimum stock quantity (finished product) = minimum daily production quantity Maximum delivery days + safety factor days.
Minimum stock = safety stock + consumption within the purchase lead time.
Minimum inventory quantity = daily sales volume * arrival days + safety factor days.
The minimum inventory refers to the minimum quantity of inventory that should be stored in the warehouse, and less than this amount may cause inventory shortages, which in turn affect the normal production of the enterprise.
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Minimum inventory (finished products) = minimum daily production maximum delivery days + safety factor Minimum inventory in days = safety stock + consumption in the procurement lead time Minimum inventory = daily sales volume * arrival days + safety factor The minimum inventory in a day refers to the minimum quantity of inventory that should be stored in the warehouse, and less than this quantity may cause inventory shortages, which will affect the normal production of the enterprise.
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Answer: In general, the calculation of the minimum inventory quantity is based on the interval between order and delivery. The order and delivery interval is the number of days from the time an order is placed to the time it is delivered. If the order and delivery interval is seven days, then the basic minimum stock quantity is six days.
To be on the safe side, one day is less here, so it is more practical not to set the minimum stock quantity too much, but to set it within the range between ordering and delivery.
Minimum Inventory (Days) = Minimum Inventory (Basic Days) + (Maximum Outbound Quantity in an Average Day - Outbound Quantity in an Average Day Outbound Quantity in an Average Hour).
Calculate the maximum inventory level.
The maximum inventory is calculated by subtracting the minimum inventory by twice the average inventory, and the resulting value is related to the average inventory and the minimum inventory. The calculation of the minimum inventory in days has already been explained, but here we will talk about the calculation method of the average inventory level.
The average inventory is divided into the beginning and end averages, the average of the sum of the 12 months, and so on, and the resulting figures are also different.
Question: The minimum safety stock is equal to the number of monthly shipments multiplied by the arrival cycle (converted by month) plus the average monthly number of shipments.
What should I do?
Hello Answer! The minimum safety stock refers to how much you have ready to use. If you ship 100 pieces a month, the arrival time may be a month, plus the average monthly delivery of 80 pieces, then your safety stock should be 100x30 plus 80, which is about 3080.
Because you may have orders every month, be sure to stock up.
Wrongly, it should be every day.
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Assuming that the daily consumption is 100pcs, the safety stock amount is equal to: l t production cycle (days) * 100 + transportation time (days) * 100 + inspection time (days) * 100 + minimum inventory, but also consider the number of days of product inspection unqualified rework and redo days, and so on.
Minimum Inventory (Finished Products) = Minimum Daily Production Maximum Delivery Days + Safety Factor Minimum Inventory in Days = Safety Stock + Consumption in Procurement Lead Time Minimum Inventory = Daily Sales Volume * Arrival Days + Safety Factor Days.
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The maximum number of reserve days = ** the number of days between days + the number of days of arranging and preparing for the mountains + the number of days of insurance and risk.
Maximum Reserve = Average Daily Consumption Maximum Reserve Days.
When the inventory of a certain material reaches or will exceed this quota, the purchase should be suspended. The excess amount constitutes an excess reserve.
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1. What you are talking about should be the inventory turnover rate: it is a comprehensive index to measure and evaluate the management status of the enterprise in the purchase of inventory, put into production, sales recovery and other links. It is the ratio obtained by dividing the cost of goods sold by the average inventory, or the number of inventory turnovers, and the inventory turnover rate expressed by time is the number of inventory turnover days.
The calculation formula is as follows: Inventory turnover times = cost of goods sold Average inventory balance, and average inventory Opening inventory + ending inventory 2; Number of days of inventory turnover = 360 number of inventory turnover.
2. The quality of the inventory turnover index reflects the level of inventory management of the enterprise, which affects the short-term solvency of the enterprise and is an important part of the management of the whole enterprise. Generally speaking, the faster the inventory turnover, the lower the level of inventory occupancy, the stronger the liquidity, and the faster the inventory can be converted into cash or accounts receivable. Therefore, improving the inventory turnover rate can improve the liquidity of the enterprise.
3. As for the formula you mentioned, it is not used in the analysis of financial indicators, at least I have not used it.
The above is hereby done!
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You calculated the unit price of material b using the month-end weighted average method. These numbers can no longer be used in calculations, they include the actual purchase or delivery costs before the calculation.
Inventory cost at the end of the month = 30,000 * RMB.
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The reason is that the 16,500 pieces issued this month are not calculated according to the weighted average method, and the unit cost issued this month = 183,000 16,500 = calculated according to the weighted average method.
Unit cost = (3000 * 10 + 171000) (3000 + 15000) =
If you don't use the weighted average, then you must be inconsistent in calculating the cost at the end of the period.
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