Target Price=base cost +profit + C1 + C2 to Cn covering all cost items
Hi there,
schools been a while and I actually was good at stuff like that back then but I am pretty stuck with a problem and need help.
Now, to give you a little background, I am trying to calculate a target price based on different values such as exchange and customs rates, insurance, freight and so on. So I basically have my x, which is my target price I need to achieve for a product and quite a few known variables. This all comes down to the following equation:
G = N+(x/US*BF+BP)+((x/US*FL*FZ)/360)+(ZS*(x/ZK+Q+L+(VF*VS*(x/US+Q+L))))+(x/US+Q+L+(VF*VS*(x/US+Q+L)))
Everything in capital letters are known variables, such as US for my exchange rate - sorry for using one and two letters.
By now I scribbled about four pages, trying to solve this monster but I guess I don't have a beautiful mind after all.
How would you go about to solve that? Is it even possible? By what I know it should because I have one equation with one unkown variable.
I could just ask someone to solve it for me, but I kind of want/need to understand how it's done.
Any help is much appreciated.