reorderpoint
Calculating saftey stock based on the cycle service level.
reorderpoint( dailydemand, dailystandarddeviation, leadtimein_days, csl, na.rm = TRUE )
dailydemand |
numeric,daily Expected demand of the SKU . |
dailystandarddeviation |
numeric, standard deviation of daily demand of the SKU . |
leadtimein_days |
leadtime in days of order.. |
csl |
cycle service level requested |
na.rm |
Logical, remove na if TRUE |
Calculating re-order point based on demand variability without lead time variability in an assumed normal distribution. cycle service level is provided to calculate saftey stock accordingly.
a dataframe that contains demand lead time,sigmadl,safteyfactor and re_order point.
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>"
reorderpoint(dailydemand=50,dailystandarddeviation=5,leadtimein_days=6,csl=0.90)
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