MPN_singleperiod
calculating expected profit for a newsvendor model based on critical ratio.
MPN_singleperiod(mean, standerddeviation, p, c, g, b, na.rm = TRUE)
mean |
numeric,Expected demand of the SKU during season. |
standerddeviation |
numeric, standard deviation of the SKU during season. |
p |
numeric,selling price of the SKU |
c |
numeric,cost of the SKU |
g |
numeric,,salvage or discounted value if sold after season,if there is no salvage , zero is placed in the argument. |
b |
numeric, peanlity cost of not satisfying demand if any, if not, zero is placed in the argument. |
na.rm |
A logical indicating whether missing values should be removed |
calculating expected profit for a newsvendor model. based on assumed normal distribution demand.
a dataframe that contains calculations of the maximum expected profit from a newsvendor model based on normal distribution.
this is the second version of the inventorize package, all the fucntions are without any academic contribution from my side, the aim is to facilitate and ease much of the bookkeeping that is endured during stock analysis.
"haytham omar email: <haytham@rescaleanalytics.com>"
MPN_singleperiod(mean= 32000,standerddeviation= 11000,p=24,c=10.9,g=7,b=0,na.rm=TRUE)
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