inventorize (version 1.0.8)

reorderpoint_leadtime_variability: reorderpoint_leadtime_variability

Description

Calculating saftey stock based on the cycle service level.

Usage

reorderpoint_leadtime_variability(
  dailydemand,
  dailystandarddeviation,
  leadtimein_days,
  sd_leadtime_days,
  csl,
  na.rm = TRUE
)

Arguments

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.

sd_leadtime_days

standard deviation of leadtime in days of order.

csl

cycle service level requested

na.rm

Logical, remove na if TRUE

Value

a dataframe that contains demand lead time,sigmadl,safteyfactor and re_order point.

Details

Calculating re-order point based on demand variability and lead time variability in an assumed normal distribution. cycle service level is provided to calculate saftey stock accordingly.

Examples

# NOT RUN {
reorderpoint_leadtime_variability(dailydemand=50,dailystandarddeviation=5,
leadtimein_days=6,sd_leadtime_days=2,csl=0.90)
# }