In this tutorial we will create a model for the estimation of profits of a company that sells products and services.
Equations are as follows:
Profit = Income - Expenses
Expenses = Salary + Tax + Rent
Tax = Income * TaxRate
Income = Sales + Fees
Where
Name | Type |
---|---|
Salary | Parameter |
Rent | Parameter |
TaxRate | Parameter |
Sales | Lookup table |
Fees | Lookup table |
Next
References