Professional Documents
Culture Documents
Regression Statistics
Multiple R 0.957065402
R Square 0.915974183
Adjusted R Square 0.903970495
Standard Error 12.85758377
Observations 9
ANOVA
df SS MS F Significance F
Regression 1 12615 12615 76.30772924 5.1771865E-05
Residual 7 1157.222222222 165.3174603
Total 8 13772.22222222
580
560
0
Regression
Period Demand Forecast
1 600 R2 - Trend effect or due to Regression. Is % of variation explained (due to Regre
2 640 Significance F - < 0.05
3 625 t value for 95% 2.3060041352 Tolerance
4 650
5 680
6 660
7 700
8 710
9 725
10 738.0556
700
680
660
640
Demand
620 Forecast
600
580
560
0 2 4 6 8 10 12
29.6496413347
period Demand Forecast Abs Error
1 600 603.2384 3.2384
2 640 640.7236 0.7236
3 670 668.1656 1.8344
4 690 685.5644 4.4356
5 700 692.92 7.08
6 690 690.2324 0.2324 Demand
7 670 677.5016 7.5016
720
8 640 654.7276 14.7276
700
9 635 621.9104 13.0896
680 f(x) = - 5.0216450216x^2 + 52.5497835498x +
10 579.05 5.873689 R² = 0.9386765297
660
640
620
600
580
560
540
0 1 2 3 4 5 6 7 8 9 10
Demand 750
700
550
4 5 6 7 8 9 10 500
0 2 4 6 8 10 12
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.999021392
R Square 0.998043742
Adjusted R Square 0.997717699
Standard Error 5.849785473
Observations 8
ANOVA
df SS MS F Significance F
Regression 1 104750.1 104750.1 3061.081 2.34E-09
Residual 6 205.3199 34.21999
Total 7 104955.5
2000
Intercept 1185.699
X Variable 49.94048
1500
2500
1000
2000
1500 500
2500
1000 De
0
0 2 4 6 8 10 12 14 De
16
2000 500
0
1500 0 2 4 6 8 10 12 14
Axis Title
1000
500
0
0 2 4 6 8 10 12 14
Demand
Deseasonalize
Reg Line
Demand
6 8 10 12 14 Deseasonalize
16 18
10 12 14
Demand
Deseasonalize
Reg Line
Forecast
10 12 14 16 18
Sugar Data
in Hotel Annual Demand 12000 Kg/Annum
Design ordering system Price 45 Rs/Kg
Ordering Cost 1600 Per Order
Inventory Carrying Cost 25%
Lead time 16 Days
service level 90%
At a time Inventory carrying Annual Total Cost
cost per year ordering cost
100 562.5 192000 192562.5
500 2812.5 38400 41212.5 Place 6 orders in a year qty 1850 each
1500 8437.5 12800 21237.5
1800 10125.0 10666.7 20791.7 ROL 526.0274
1850 10406.3 10378.4 20784.6 555.4202
2000 11250 9600 20850
3000 16875 6400 23275 Order 1850 when ever stock comes down to 555
6000 33750 3200 36950
12000 67500 1600 69100
EOQ 1847.521 6.495191
12950
Data
Annual Demand 12000 Kg/Annum
Design ordering system Price 45 Rs/Kg
for Hotel Ordering Cost 1500 Per Order
Inventory Carrying Cost 25%
Lead time 16 Days
service level 90%
Consumption in lead time 526.0274
Max Level Period p 54.41099 When to order
Periodic consumption 1788.854
2314.882
Max level 2376.541
Safety Stock 61.65957
n 6.708204
20000
Daily Consumption Lead Time Consumption EOQ Reorder Level Number of Orders Period
25 375 1242 400 8 46
8 144 490 159 7 52
16 192 809 210 8 46
4 84 271 96 6 61
8 144 717 159 5 73
Period Consumptions Period + Lead consumption Max. Level
1150 1525 1575
416 560 590
736 928 967
244 328 351
584 728 763