Formular for calculating inventory cover required.
Eg if forcast sales is 300units and I have 10 units in stock my cover in weeks would be 52/(300/10). However I want to know how many units I need to have a cover of 6 weeks.
Computer OS: Windows Vista
ok i really don't understand why are you using an if statement
All you need to do is use this formula to find out the number of units needed to cover x number of weeks
lets assume that the sales forcast is in cell B3 and the weeks to cover is in cell B9 then the number of units needed is
= (B3*B9) /52
I would also suggest rounding to the higher digit
so it would look like this:
I am also attaching a sample file Here
If you need any further assistance just ask. A bonus is highly appreciated
I am currently travelling will check your response and get back to you
No problem, i hope my answer addresses what you want
If you need any further assistance don't hesitate to ask. Even after you accept i will still continue to help you
Thank you for thatesponse but what I'm trying to get to is if I want 6 weeks cover and as a result of stock count I have stock for only 2 weeks how much do I need to order to make up my 6 week requirement. That's why I was trying to use the if statement.
ok i am working on it
ok here is your new formula:
You can find the sample here
you can now change all the factors and see how this applies to the number of units needed
If you need any further assistance don't hesitate to ask
Bachelor of computer science, 5+ years experience in software development, software company owner