In my previous posts, I made a few examples, using different Reordering Policy for the same cases and presented them by tables. I think, graphic presentation is better that thousands words and I will try to present all of them as flowcharts (examples from Part 10.2):
Minimum Order Quantity < Sales Order Quantity < Reorder Quantity & Maximum Inventory
Reordering Policy | Fixed Reorder Qty. | Maximum Qty. | Order | Lot-for-Lot |
Inventory Stock | 0 | 0 | 0 | 0 |
Sales Order Quantity | 750 | 750 | 750 | 750 |
Safety Stock Quantity | 50 | 50 | - | - |
Reorder Point | 100 | 100 | - | - |
Reorder Quantity | 1.000 | - | - | - |
Maximum Inventory | - | 1.000 | - | - |
Minimum Order Quantity | 200 | 200 | - | 200 |
Maximum Order Quantity | 2.000 | 2.000 | - | 2.000 |
Minimum Order Quantity < Reorder Quantity & Maximum Inventory < Sales Order Quantity
Reordering Policy | Fixed Reorder Qty. | Maximum Qty. | Order | Lot-for-Lot |
Inventory Stock | 0 | 0 | 0 | 0 |
Sales Order Quantity | 1.500 | 1.500 | 1.500 | 1.500 |
Safety Stock Quantity | 50 | 50 | - | - |
Reorder Point | 100 | 100 | - | - |
Reorder Quantity | 1.000 | - | - | - |
Maximum Inventory | - | 1.000 | - | - |
Minimum Order Quantity | 200 | 200 | - | 200 |
Maximum Order Quantity | 2.000 | 2.000 | - | 2.000 |
Minimum Order Quantity > Sales Order Quantity > Reorder Quantity & Maximum Inventory
Reordering Policy | Fixed Reorder Qty. | Maximum Qty. | Order | Lot-for-Lot |
Inventory Stock | 0 | 0 | 0 | 0 |
Sales Order Quantity | 1.500 | 1.500 | 1.500 | 1.500 |
Safety Stock Quantity | 50 | 50 | - | - |
Reorder Point | 100 | 100 | - | - |
Reorder Quantity | 1.000 | - | - | - |
Maximum Inventory | - | 1.000 | - | - |
Minimum Order Quantity | 2.000 | 2.000 | - | 2.000 |
Maximum Order Quantity | 5.000 | 5.000 | - | 5.000 |
