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Rum

25th percentile (cycle time)
 
Here is a scenario:

If:
Column A is list of AUTO MAKERS
Column B is list of DEALERSHIPS
Column C is list of dates when DEALERSHIP OPENED
Column D is list of dates when DEALERSHIP READY TO SELL CARS
Column E is the the difference of Column D and Column C (D-C) (Cycle Time)

There are a thousand rows and multiple column in this data set.

I would like to find out how long does it take the 25th percentile of any
DEALERSHIP to get READY TO SELL CARS.

Please share your thoughts.

Rum

Mike H

25th percentile (cycle time)
 
Hi,

For column E I used

=DATEDIF(C2,D2,"d")

to calculate the difference in days then for the first quartile the ARRAY
formula

=AVERAGE(IF(E2:E19<"",IF(E2:E19<=QUARTILE(E2:E19, 1),E2:E19)))

This is an array formula which must be entered by pressing CTRL+Shift+Enter
'and not just Enter. If you do it correctly then Excel will put curly brackets
'around the formula {}. You can't type these yourself. If you edit the formula
'you must enter it again with CTRL+Shift+Enter.

Mike

"Rum" wrote:

Here is a scenario:

If:
Column A is list of AUTO MAKERS
Column B is list of DEALERSHIPS
Column C is list of dates when DEALERSHIP OPENED
Column D is list of dates when DEALERSHIP READY TO SELL CARS
Column E is the the difference of Column D and Column C (D-C) (Cycle Time)

There are a thousand rows and multiple column in this data set.

I would like to find out how long does it take the 25th percentile of any
DEALERSHIP to get READY TO SELL CARS.

Please share your thoughts.

Rum


David Biddulph[_2_]

25th percentile (cycle time)
 
What is the advantage in using =DATEDIF(C2,D2,"d") rather than just =D2-C2,
Mike?
--
David Biddulph


"Mike H" wrote in message
...
Hi,

For column E I used

=DATEDIF(C2,D2,"d")

to calculate the difference in days then for the first quartile the ARRAY
formula

=AVERAGE(IF(E2:E19<"",IF(E2:E19<=QUARTILE(E2:E19, 1),E2:E19)))

This is an array formula which must be entered by pressing
CTRL+Shift+Enter
'and not just Enter. If you do it correctly then Excel will put curly
brackets
'around the formula {}. You can't type these yourself. If you edit the
formula
'you must enter it again with CTRL+Shift+Enter.

Mike

"Rum" wrote:

Here is a scenario:

If:
Column A is list of AUTO MAKERS
Column B is list of DEALERSHIPS
Column C is list of dates when DEALERSHIP OPENED
Column D is list of dates when DEALERSHIP READY TO SELL CARS
Column E is the the difference of Column D and Column C (D-C) (Cycle
Time)

There are a thousand rows and multiple column in this data set.

I would like to find out how long does it take the 25th percentile of any
DEALERSHIP to get READY TO SELL CARS.

Please share your thoughts.

Rum




Mike H

25th percentile (cycle time)
 
David,

On reflection probably nothing, in fact on even more reflection I now prefer
D2-C2. Thanks for that.

Mike

"David Biddulph" wrote:

What is the advantage in using =DATEDIF(C2,D2,"d") rather than just =D2-C2,
Mike?
--
David Biddulph


"Mike H" wrote in message
...
Hi,

For column E I used

=DATEDIF(C2,D2,"d")

to calculate the difference in days then for the first quartile the ARRAY
formula

=AVERAGE(IF(E2:E19<"",IF(E2:E19<=QUARTILE(E2:E19, 1),E2:E19)))

This is an array formula which must be entered by pressing
CTRL+Shift+Enter
'and not just Enter. If you do it correctly then Excel will put curly
brackets
'around the formula {}. You can't type these yourself. If you edit the
formula
'you must enter it again with CTRL+Shift+Enter.

Mike

"Rum" wrote:

Here is a scenario:

If:
Column A is list of AUTO MAKERS
Column B is list of DEALERSHIPS
Column C is list of dates when DEALERSHIP OPENED
Column D is list of dates when DEALERSHIP READY TO SELL CARS
Column E is the the difference of Column D and Column C (D-C) (Cycle
Time)

There are a thousand rows and multiple column in this data set.

I would like to find out how long does it take the 25th percentile of any
DEALERSHIP to get READY TO SELL CARS.

Please share your thoughts.

Rum



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