My response to @ShaanVP on X. https://twitter.com/ShaanVP/status/1731768603525943633
An implementation of an Economic Order Quantity (EOQ) model with a Safety Stock buffer, and inventory Reorder Point. Or in layman terms - how much inventory to hold, when to buy more, and how much.
This repository contains two files:
- A .Rmd file which is an R notebook for generating html. The .Rmd file can be ran with RStudio for the R language but what you really want is...
- the html file which is the final output of the R program. Download it and open it up in any modern browser. It is a literate-programming notebook which walks you through how to model inventory for e-commerce businesses.