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Hi everyone,
I would like to create a script similar with FIFO (first-in first out) method, but instead of taking out the oldest item from stock, it should take out the stock with the smallest (minimum) acquisition price. For instance if I have: Type Date Number Acquisition Lot of units price per unit IN 29-Oct-08 3,000 7.8500 1 IN 30-Oct-08 75,000 7.9000 2 IN 06-Nov-08 7,500 7.8000 3 OUT 25-Nov-08 12,500 8.1027 On 25th of November the quantity of 12,500 units should be taken out in the following order: - first 7,500 units from Lot 3, as this lot has the smallest acquisition price - the following 3,000 units from Lot 1, as this lot has the minimum available acquisition price - the difference of 2,000 unit from lot 2 I hope I was pretty concise in my explanantions. Can anyone help me? Many thanks in advance, Bogdan |
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