Inventory Control - EOQ, Order Point, Safety Stock ReportFunctionUse this task to create a list of all inventory items showing the old EOQ, order point and safety stock amounts. The report displays the new EOQ, order point and safety stock quantities are calculated and updated to the Inventory Master File.
=> To access this task... Select EOQ, Order Point, Safety Stock Report from the Period End Processing menu.
EOQ, Order Point, Safety Stock Report About the Fields
In the Beginning/Ending Warehouse field...
In the Beginning/Ending Product Type field...
In the Beginning/Ending Item ID field...
Exclude Inactive Items? checkbox...
When done making selections...
Sample EOQ, Order Point, Safety Stock Report
See Output Options.
When closing or saving the preview report, the system displays the prompt:
Order Point Quantities calculates the level of inventory at which a new order should be placed based upon average sales and lead time. Order point is defined as the demand during lead time plus safety stock.
Safety Stock Quantities calculates the amount of additional inventory that should be carried to hedge against variations in demand during lead time. Safety stock is determined as 50% of usage during lead time.
When done making selections...
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