User Manual

Forecast of next period expected usage,
t + 1
= S
t
+
1
α
T
t
•
Error, e
t
=
t
- X
t
•
Cumulative error =
e
t
2
•
Initial conditions:
S
t - 1
= X
t - 1
T
t - 1
= 0
Pricing Calculations
Markup and Margin Calculations
•
Ma = margin(%).
•
Mu = markup(%).
•
S = selling price.
•
C = cost.
•
Ma = 100
S - C
S
•
Mu = 100
S - C
C
•
S =
C
1 -
Ma
100
•
S = C
1 +
Mu
100