My Math Forum  

Go Back   My Math Forum > Science Forums > Economics

Economics Economics Forum - Financial Mathematics, Econometrics, Operations Research, Mathematical Finance, Computational Finance


Reply
 
LinkBack Thread Tools Display Modes
June 15th, 2009, 02:26 PM   #1
Newbie
 
Joined: Jun 2009

Posts: 1
Thanks: 0

I NEED a formula or equation!

I need a formula or equation for determining par stock levels. I sell three re-supply products most commonly replaced every 3 or every 6 months. I know what qty I shipped of each during each of the past six months AND I know how many new customers were established six months ago and three months ago. I can assume a 50% compliance rate among 6-month old customers and a 25% compliance rate among 3-month old customers. With all this info, I should be able to project my stock needs for the next month & determine the qty of each product to have on hand--how do I do that?
AJacobson is offline  
 
Reply

  My Math Forum > Science Forums > Economics

Tags
equation, formula



Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Help finding an equation/formula for this info Comicazy Algebra 7 January 27th, 2012 12:56 PM
N(Xi)=Xi/Sum(X) formula name engrstephens Advanced Statistics 1 December 21st, 2011 02:27 PM
Logical Equation (Find the formula) restrictment Applied Math 8 October 12th, 2010 04:45 AM
De Moivre's formula and Newton's binomial formula agro Probability and Statistics 3 August 27th, 2009 06:17 AM
A formula needed from an equation soorajth Applied Math 8 April 15th, 2009 04:54 AM





Copyright © 2019 My Math Forum. All rights reserved.