S
•
Smoothed average S
•
Change, C
•
Trend, T
t
•
Current period expected usage,
•
Forecast of next period expected usage,
•
Error, e
=
t
•
Cumulative error =
•
Initial conditions: S
Pricing Calculations
Markup and Margin Calculations
•
Ma = margin(%).
•
Mu = markup(%).
•
S = selling price.
•
C = cost.
3n
∑
=
Iny
3
i
=
2n
+
1
= X
t
= S
- S
- 1
t
t
t
= C
+ (1 - )T
- 1
t
t
t - X
t
∑
t
=
1
= X
t-1
t-1
T
= 0
t-1
2n
+
1
=
n c
ln
+
b
i
+ (1 - )S
- 1
t
t
2
e t
157
n
b
–
1
-------------- -
ln
a
b 1
–