inventorize (version 1.1.1)

saftey_stock_normal: saftey_stock_normal

Description

Calculating saftey stock based on the cycle service level.

Usage

saftey_stock_normal(
  annualdemand,
  annualstandarddeviation,
  leadtimeinweeks,
  csl,
  na.rm = TRUE
)

Arguments

annualdemand

numeric,annual Expected demand of the SKU .

annualstandarddeviation

numeric, standard deviation of the SKU during season.

leadtimeinweeks

leadtime in weeks or order.

csl

cycle service level requested

na.rm

Logical, remove na if TRUE

Value

a dataframe that contains calculations of K the cost per item short metric noting that condition must me less than 1.

Details

Calculating saftey stock based on the cycle service level in an assumed normal distribution.

Examples

# NOT RUN {
saftey_stock_normal(annualdemand=8000,annualstandarddeviation=600,
leadtimeinweeks=4,csl=0.92,na.rm=TRUE)
# }