TRC {inventorize}

TRC

Description

Identyfing Total relevant cost.

Usage

TRC(annualdemand, orderingcost, purchasecost, holdingrate, na.rm = TRUE)

Arguments

annualdemand

numeric annual demand of the SKU.

orderingcost

numeric ordering cost of the SKU.

purchasecost

numeric purchase cost of the SKU.

holdingrate

numeric holding rate of the SKU.

na.rm

logical, TRUE to remove na.

Note

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.

Author(s)

"haytham omar email: <[e-mail]>"

Examples

TRC(annualdemand=2500,orderingcost=250,purchasecost=98,
holdingrate=0.25,na.rm=TRUE)