CPIM - Part 1 Formulas | latest with complete solution 2023/24

CPIM - Part 1 Formulas | latest with complete solution 2023/24 Planned Backlog - Previous Planned Backlog + Planned Input - Planned Output Actual Backlog - Previous Actual Backlog + Actual Input - Actual Output Throughput Formula - Revenues Received - Variable Costs/ Units of Time Period New Safety Stock - Old Safety Stock x √New Lead Time/Old Lead Time Demand During Lead Time - Units per Period x Lead Time Takt Time - Available Production Time/Rate of Customer Demand Cycle Time Formula - Process Time/Operators Ending PAB After Demand Time Fence - Prior Period PAB + Scheduled MPS receipt - Greater of Customer Orders or FC Surplus or Shortfall - Available Hours - Load Break even in units formula - Fixed Cost/ (Price per Unit-Variable Cost per Unit) Forecasted Demand Formula - Seasonal Index * Deseasonlized Period Forecast moving average forecast - Sum of Demand of Most Recent Periods/Number of Periods Average Ordering Cost per order formula - (fixed cost/number of orders)+variable cost Assets - Liabilities + Owner's Equity Income - Revenue - Expenses Average Inventory Formula - (Beginning Inventory + Ending Inventory) / 2 inventory turnover formula - cost of goods sold/average inventory Customer Service Level - Orders or Period - Stockout chances per Period/Order per Period Gross Profit - COGS - revenue Demand During Lead Time (DDLT) - Annual Demand/Lead Time Target Level - Demand during Lead Time + Demand during Review Time + Safety