Cost variables

Minimum

Maximum

Sensitivity (%)

Quantity

Cost value

Quantity

Cost value

Machine Uptime (hr)

1

$17,646.62

8

$89,777.68

80.34%

Demand ($/year)

1500

$3547.49

8000

$7644.05

53.59%

Ordering Costs ($/unit)

10

3764.443

50

7737.640

51.35%

Machining tool life (min)

5

9646.872

160

5019.712

47.97%

Machine unit cost (Ko) ($)

3

$5784.02

20

$9962.62

41.94%

Cutting Feed (mm/tooth)

0.04

5708.877

0.1

8360.683

31.72%

Cutting Speed (mm/min)

30

5092.900

45

6741.792

24.46%

Machining tool cost per ($/unit)

60

$5423.33

120

$6494.90

16.50%

Lead time (days)

3.5

$6117.26

14

$6560.08

6.75%

Shortage Costs ($/unit)

5

$6112.16

40

$6119.85

0.13%