Operations Management Calculators

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Inventory Management

Economic Order Quantity (EOQ)

EOQ = √((2 × D × S) / H)

Reorder Point (ROP)

ROP = d × L

Capacity & Utilization

Utilization

Utilization = (Actual Output / Design Capacity) × 100%

Efficiency

Efficiency = (Actual Output / Effective Capacity) × 100%

Forecast Accuracy

Mean Absolute Deviation (MAD)

MAD = Σ|A - F| / n

Mean Squared Error (MSE)

MSE = Σ(A - F)² / n

Mean Absolute Percentage Error (MAPE)

MAPE = (Σ(|A - F| / A) / n) × 100%

Productivity

Single-Factor Productivity

SFP = Output / Input

Multi-Factor Productivity

MFP = Output / (Labor + Material + Overhead)