Mathematical terms

From Supply Chain Management Encyclopedia

(Difference between revisions)

Revision as of 20:01, 15 June 2011

The purpose of this page is to provide a comprehensive list of mathematical terms used in the various models dispersed through the encyclopedia. The terms and their definitions are used consistently in both the English and Russian language versions of the Supply Chain Encyclopedia. The terms are provided in alphabetical order within various functional applications.

$\!\mbox {Inventory Management}$
$\!\mbox {Term}$	$\!\mbox {Definition}$
$\!\mbox {c}$	$\!\mbox {Inventory carrying cost rate}$
$\!\mbox {D}$	$\!\mbox {Demand: This may be expressed for different time periods including daily, weekly, monthly, or annual demand}$
$\! \sigma D$	$\!\mbox {Standard deviation in demand}$
$\!\mbox {EOQ}$	$\!\mbox {Economic order quantity}$
$\! \mbox {EOQ}^{Dis}$	$\!\mbox {Economic order quantity after application of a temporary trade discount}$
$\!\mbox {h}$	$\!\mbox {Inventory carrying cost per unit per relevant time period}$
$\!\mbox {K}$	$\!\mbox {Fixed order cost}$
$\!\mbox {LT}$	$\!\mbox {Lead time}$
$\!\sigma LT$	$\!\mbox {Standard deviation in lead time}$
$\!\mbox {OL}$	$\!\mbox {Order-up-to level}$
$\!\mbox {RP}$	$\!\mbox {Reorder point}$
$\!\mbox {TCU}$	$\!\mbox {Total cost per unit}$
$\!\mbox {v}$	$\!\mbox {Replacement value of one unit of inventory: This may also be treated as the cost per unit or the price paid by the buyer}$
$\!\mbox {Warehousing Management}$
$\!\mbox {Term}$	$\!\mbox {Definition}$
$\!\mbox {X}$	$\!\mbox {Y}$

@@ Line 14: / Line 14: @@
 | <math>\!\mbox {EOQ}</math> || <math> \!\mbox {Economic order quantity}</math>
 |-
-| <math>\! \mbox {EOQ^{Dis}}</math> || <math> \!\mbox {Economic order quantity after application of a temporary trade discount}</math>
+| <math>\! \mbox {EOQ}^{Dis}</math> || <math> \!\mbox {Economic order quantity after application of a temporary trade discount}</math>
 |-
 | <math>\!\mbox {h}</math> || <math> \!\mbox {Inventory carrying cost per unit per relevant time period}</math>

Mathematical terms

From Supply Chain Management Encyclopedia

Revision as of 20:01, 15 June 2011

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