total.logistics.cost: total.logistics.cost

In inventorize: Inventory Analytics, Pricing and Markdowns

total.logistics.cost

Description

calculating total logistics cost .

Usage

total.logistics.cost(
  quantity,
  expected_annual_demand,
  sd_annual_demand,
  expected_leadtimeindays,
  sd_leadtime,
  costperunit,
  transportcost,
  holdingrate,
  ordering_cost,
  csl
)

Arguments

quantity	quantity ordered every cycle.
expected_annual_demand	numeric, expected annual demand of the SKU.
sd_annual_demand	annual standard deviation of the SKU.
expected_leadtimeindays	expected lead time in days.
sd_leadtime	standard deviation of leadtime
costperunit	purchase cost of the SKU
transportcost	transport cost of the SKU
holdingrate	holding rate of the SKU
ordering_cost	ordering cost per order placed
csl	cycle service level desired

Details

calculating total logistics cost based on a normal distribution.

Value

a dataframe that contains calculations of the total logistics cost in detail.

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

total.logistics.cost(quantity=32,expected_annual_demand=1550,
sd_annual_demand=110,expected_leadtimeindays=64,sd_leadtime=8,
costperunit=107,transportcost=22,holdingrate=0.15,ordering_cost=500,csl=0.95)

inventorize documentation built on June 1, 2022, 1:07 a.m.