saftey_stock_normal {inventorize}

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

Details

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

Value

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

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

saftey_stock_normal(annualdemand=8000,annualstandarddeviation=600,
leadtimeinweeks=4,csl=0.92,na.rm=TRUE)