Publication Date: 11/12/2024
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RFACTROL - Replenishment Cost Factor for EOQ CalculationReplenishment Cost Factor for EOQ Calculation Affected Window: w_pn_master_eu
If KFACTROL and RFACTROL are set to Yes, the system will use the value entered for RFACTROL as the Replenishment Cost Value (R-Factor) in the equation to calculate the Economic Order Quantity (EOQ). EOQ Formula: A= Total Value of SKU per year. K= Carrying Cost (K-Factor, KFACTROL value in decimal field). R= Replenishment Cost (R-Factor, RFACTROL value in decimal field). P= Price per Unit. The EOQ will be displayed in PN Master, Inventory Levels. Please note that the EOQ is for information only. The basis for the calculation of the reorder quantity for each part number are the values in the fields Minimum Stock Qty and Minimum Order Qty in Part Number Master, Inventory Levels. The Decimal field is used to enter the Replenishment Cost of the Part Number. The EOQ field is auto-populated if switches are set to Yes and transactions for the PN have been completed. |
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Publication Date: 11/12/2024
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