Inventory Optimization > Scenario Configuration > Parameters > Inventory Optimization Planning Parameters Page > Inventory Optimization Planning Parameters Page (Fields)
Inventory Optimization Planning Parameters Page (Fields)
The following table describes the fields that could appear on the page depending on how it is configured.
Field
Description
Carrying Cost
The percentage of part value equaling the annual cost to hold that part in inventory, including such things as the costs of depreciation, insurance, facilities, and time value of money.
* 
Your Carrying Cost increases as you order more inventory.
Comments
The text entered by the user that is intended to provide information.
Custom Planning 1–5
Custom fields that are associated with the pairs assigned to a planning parameter. They are only used in conjunction with custom code, and can be used when it is impractical to assign values by SKU using the Levels or SKU tables. The Custom Planning fields are assigned on the Planning Parameters page.
Max EOQ (slices)
The maximum Pre-Optimization override value for the Economic Order Quantity in terms of slices. This override can be entered in the following ways:
• On the SKU Overrides page
• On the SKU Detail Report page
• On these containers on the Stocking Policy page:
◦ SKU Overrides
• On these containers on the Inventory Collaboration page:
◦ Fill Rate by Stock Level
◦ SKU Overrides if an override already exists. New overrides cannot be added.
In general, if there are conflicting maximum values set, the minimum of the maximum values take priority.
Max REOQ (slices)
The maximum Pre-Optimization override value for the Repair EOQ. This override can be entered in the following ways:
• On the SKU Overrides page
• On the SKU Detail Report page
• On these containers on the Stocking Policy page:
◦ SKU Overrides
• On these containers on the Inventory Collaboration page:
◦ Fill Rate by Stock Level
◦ SKU Overrides if an override already exists. New overrides cannot be added.
In general, if there are conflicting maximum values set, the minimum of the maximum values take priority.
Min EOQ (slices)
The minimum Pre-Optimization override value for the Effective Order Quantity. This override can be entered in the following ways:
• On the SKU Overrides page
• On the SKU Detail Report page
• On these containers on the Stocking Policy page:
◦ SKU Overrides
• On these containers on the Inventory Collaboration page:
◦ Fill Rate by Stock Level
◦ SKU Overrides if an override already exists. New overrides cannot be added.
In general, if there are conflicting minimum values set, the maximum of the minimum values take priority.
* 
You will be asked to confirm any value entered that is greater than the value of the MEO_OVERRIDE_MAX_QTY global setting.
NFF Rate
The percentage of returned material that is determined to not need repair and therefore is available for immediate use as good inventory.
Priority Sequence
The sequence of priority of the planning parameter on the Inventory Optimization Planning Parameters page.
Procurement Lead Time
The expected time in days to receive an order at this location, through replenishment, repair, procurement, or a combination of those. It also includes the wait time due to shortages from the replenishment parent and from components.
Procurement Lead Time Standard Deviation
The standard deviation (in days) of the procurement pipeline.
Procurement Order Cost
The sum of the internal overhead costs involved in the procurement of a part.
Procurement Order Period
The minimum number of days between orders for the procurement pipeline.
* 
A value of zero (0) indicates that no order period is used.
Reference Procurement Order Cost
The Procurement Order Cost in the reference value.
Reference Procurement Order Cost Currency
The reference currency of the Procurement Order Cost.
Reference Repair Order Cost
The Repair Order Cost in the reference value.
Reference Repair Order Cost Currency
The reference currency of the Repair Order cost.
Reference Replenishment Order Cost
The Replenishment Order Cost in the reference value.
Reference Replenishment Order Cost Currency
The reference currency of the Replenishment Order Cost.
Repair Lead Time
The mean time to repair the part.
Repair Lead Time Standard Deviation
The standard deviation (in days) of the repair pipeline.
Repair Order Cost
The cost to process one repair order.
Repair Order Period
The minimum number of days between orders for the repair pipeline.
* 
A value of zero (0) indicates that no order period is used.
Repair Wash Rate
The percentage of units in repair that will not be able to be repaired.
Replenishment Lead Time
The average number of days it takes to ship an order from the parent location.
Replenishment Lead Time Standard Deviation
The standard deviation (in days) of the replenishment pipeline.
Replenishment Order Cost
The sum of the internal overhead costs involved in the replenishment of a part.
Replenishment Order Period
The minimum number of days between orders for the replenishment pipeline.
* 
A value of zero (0) indicates that no order period is used.
Return Lead Time
The average number of days required to return this part to a repair center.
Return Lead Time Standard Deviation
The standard deviation (in days) of the return pipeline.
Return Wash Rate
The percentage of parts that are removed from inoperable equipment, yet never arrive at a repair facility. If a forecasted need persists, both return and repair loss must be compensated for by additional procurement.
Scheme Description
The description of the planning scheme.
Scheme Name
The name of the planning scheme.
Set EOQ (Quantity)
The constraint value of the calculated EOQ for the pairs governed by the planning scheme. Expressed in units - not in number of time slices of Servigistics-forecasted demand.
Set EOQ (Quantity) End Date
The expiration date for this constraint (if one was added).
Set EOQ (Quantity) Note
The note for a constraint (if one was added).
Set EOQ (slices)
The constraint value in terms of slices for the Economic Order Quantity.
For example, if the Servigistics forecast predicts demand for 20 parts per slice for the next two slices, and Set EOQ is specified as 1.25 slices of forecast, then the EOQ will be 25 units. There may be any number of reasons for overriding an EOQ, such as the material is difficult to store (size, lack of room) or it may have a short shelf life (chemicals). Set EOQ impacts the value of Stock Max by overriding the calculated EOQ value.
For example, if the Servigistics forecast predicts demand for 20 parts per slice for the next two slices, and Set EOQ is specified as 1.25 slices of forecast, then the EOQ will be 25 units. There may be any number of reasons for overriding an EOQ, such as the material is difficult to store (size, lack of room) or it may have a short shelf life (chemicals). Set EOQ impacts the value of Stock Max by overriding the calculated EOQ value.
Set EOQ (slices) End Date
The expiration date for the EOQ constraint (if one was added).
Set EOQ (slices) Note
The override note for EOQ constraint (if one was added).
Set REOQ (slices)
The constraint value in terms of slices for the Repair Economic Order Quantity.
Set REOQ Override End Date
The expiration date for the REOQ override (if one was added).
Set REOQ Override Note
The override note for the REOQ override (if one was added).
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