Weeks on hand
This is really close but is there some way to do it without averaging? I
have 52 weeks of forecast data and this would work if the weeks were all
pretty even, but doesn't account for huge spikes during
Thanksgiving/Christmas.
This would work if I just counted one week past my total on hands and only
used those weeks but I would have to do that for every week instead of just
copying the formula.
Thanks so much for your post.
"vezerid" wrote:
A simple approach would be to divide 312 with the average consumption
per week, hence in A3:
=A2/AVERAGE(A1:D1)
With your numbers as input the formula returns: 3.159493671
Does this help?
Kostis Vezerides
On May 20, 7:18 pm, Theawilla
wrote:
Excel 2003
Hello, I am trying to calculate weeks on hand.
I have a forecast for an item by week (A=week1, B=week2, etc) I also have
the total quantity on hand. I need a formula that will calculate how many
cells (weeks) = the total quantity on hand. Example:
A1=99; B1=105; C1=89; D1=102 (forecasted quantities)
A2=312 (quantity on hand)
A3=3.2 (weeks on hand- rounded to tenths)- this is where I need the
formula.
Thanks in advance for any help given.
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