Nasal Cannula, Adult, 7 ft Tubing
RespiratoryEssential, 95% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-446468
Stock position
- On hand
- 2,208 each17.4 days of supply
- On order
- 0 eachnothing open
- Forecast rate
- 126.6 each/daynext 30 days
- Demand over 9 days
- 1,161 eachlead time plus review period
- Safety stock
- 97 eachempirical 95th percentile of forecast error
- Reorder point
- 1,258 eachabove
- Stockout
- Fri Oct 2
- Recommended order
- noneby Tue Sep 29
- Inventory value
- $1,214at $0.55 per each
How the forecast was made
Exponential smoothing9% weekly error, unbiased6% better than naive
A weighted recent average that learns the weekday pattern and any trend. Recent days count more than old ones.
Report card: the model was fit on history up to Tue Jul 21 and scored on the 56 days after. Weekly totals were off by 9% on average (21% day by day), and it showed no systematic bias. A same-weekday-last-week guess would have been off by 9%.
actual forecast, 80% and 95% range what the model said during the report card windoweach/day
Projected on hand, each: today's stock plus open orders on their expected dates, minus the forecast, day by day.
Vendors and prices, last 90 days
| Vendor | Part number | Vendor description | Sells by | Paid per each | Invoices | 90-day spend | Pairing |
|---|---|---|---|---|---|---|---|
| Meridian Medical Supply | MMS-446468 | NASAL CANN ADLT 7 FT TUBING CS/50 | CS of 50 | $0.49 | 14 | $4,457 | stand-in |
| Northwind Health Distribution | NW7065331 | Nasal Cannula, Adult, 7 ft Tubing - 50/Cs | CS of 50 | $0.50 | 13 | $1,864 | stand-in |