Inventory Reorder Formula

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In MAXIMO, the formula to obtain the quantity of inventory replenishment or reorder quantity is the following:

Quantity on Orders: PR Quantity + PO Quantity

Available Balance: Current Balance – Reserved – Expired + Shipped

ROP: Reorder Point (min level)

EOQ: Economic Order Quantity

Order\text{ }Quantity: (ROP + 1) - Quantity\text{ }on\text{ } Orders - Available\text{ }Balance

Y = \frac{Order\text{ }Quantity}{EOQ}

X = Next\text{ }Whole\text{ }Number\text{ }Integer\text{ }of\text{ }Y

{Reorder \text{ } Quantity} = X * EOQ


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