VoseSumProduct

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See also: Vose Sum Product window

VoseSumProduct(N,DistributionObject1,DistributionObject2,...)image1094.gif

 

 

 

Calculates the sum of N terms, in which each term is the product of some sampled random values.

For example, say you want to model 20 (=N) customers, that each generate a revenue of $ModPERT(0,100,200,2), with a profit margin of Beta(8,2). This would be modeled with a Sum Product calculation as follows:

=VoseSumProduct(20,VoseModPertObject(0,100,200,2),VoseBetaObject(8,2))

MR_window_Sum_Product_1.jpg
The Sum Product window

Also see the Vose Sum Product window for an explanation about the window for this function.

See the topic Discounted cashflow modeling for a worked out example that uses the VoseSumProduct function to model revenue for a TV series.