Newsvendor Model Calculator - Uniform Distribution

Calculates the optimal inventory level for uncertain demand for a perishable product.

The demand follows a uniform distribution (continuous) between Dmax and Dmin.

Q: The optimal inventory level.
price: The retail price.
cost: The purchase price.
Dmax: The maximum demand
Dmin: The minimum demand

Example

For a retail price of $7, a cost of $5 and a uniform demand between 80 and 50 units, calculate the optimal inventory.

Value	Key	Display	Description
50	Dmin	50.00	Stores the minimum demand.
80	Dmax	80.00	Stores the maximum demand.
5	cost	5.00	Stores the purchase price.
7	price	7.00	Stores the retail price.
	Q	58.57	Calculates the optimal inventory level.