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        <title><![CDATA[Andrea : Weblog]]></title>
        <description><![CDATA[The weblog for Andrea, hosted on College-Cram.]]></description>
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            <title><![CDATA[I need HELP! determining stock to maintain on hand]]></title>
            <link>http://www.college-cram.com/study/ajacobson/weblog/i-need-help-determining-stock-to-maintain-on-hand</link>
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            <pubDate>Mon, 15 Jun 2009 21:47:13 GMT</pubDate>
		<dc:subject><![CDATA[economics]]></dc:subject>
		<dc:subject><![CDATA[equation]]></dc:subject>
		<dc:subject><![CDATA[par stock levels]]></dc:subject>
		<dc:subject><![CDATA[formula]]></dc:subject>
            <description><![CDATA[I need a formula or equation for determining par stock levels.&nbsp; I sell&nbsp;three re-supply products&nbsp;most commonly replaced every 3 or every 6 months.&nbsp;&nbsp;I know what qty I shipped of each during&nbsp;each of the past six months AND I know how many new customers were established six months ago and three months ago.&nbsp; I can assume a 50% compliance rate among 6-month old customers and a 25% compliance rate among 3-month old customers.&nbsp; With all this info, I should be able to project my stock needs for the next month &amp; determine the qty of each product to have on hand--how do I do that?]]></description>
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