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Equal to or less than formula
I have filter media that I need to order every week and some filter medias I
have too much of. I need a formula that can tell me the exact date I need to order and how much. I have an example of what I have so far: C9 is Weekly Usage 2,000 D9 is Actual Inventory Date 10/06/05 20,000 E9 Firm Future Receipts week ending 10/10/05 0 F9 Projected Inventory weeking ending 10/10/05 18,000 G9 Days on hand Projected 10 days My lead time is 60 days Can anyone please help me with a formula that can calculate the exact date and quantity I need to order? Thank you, Angie |
Do you have dates and a value in the same cell?
If the lead time is 60 days, and you have 10 days of stock you need to order now. To determine, you would just check if the days on hand is less than lead time + a factor, and if so, order. So say you wanted to order with a week's slack time, use something like =IF(days_on_handlead_time+7,"no need to order", "ORDER NOW!!") But how do you want to be notified, with a formula, some pop-up message when you open the workbook, or what? -- HTH Bob Phillips "Angie" wrote in message ... I have filter media that I need to order every week and some filter medias I have too much of. I need a formula that can tell me the exact date I need to order and how much. I have an example of what I have so far: C9 is Weekly Usage 2,000 D9 is Actual Inventory Date 10/06/05 20,000 E9 Firm Future Receipts week ending 10/10/05 0 F9 Projected Inventory weeking ending 10/10/05 18,000 G9 Days on hand Projected 10 days My lead time is 60 days Can anyone please help me with a formula that can calculate the exact date and quantity I need to order? Thank you, Angie |
Bob,
No, I do not have values and dates in the same cell. I would like to be notified in the way of a formula. Thank you in advance for your help. Angie "Bob Phillips" wrote: Do you have dates and a value in the same cell? If the lead time is 60 days, and you have 10 days of stock you need to order now. To determine, you would just check if the days on hand is less than lead time + a factor, and if so, order. So say you wanted to order with a week's slack time, use something like =IF(days_on_handlead_time+7,"no need to order", "ORDER NOW!!") But how do you want to be notified, with a formula, some pop-up message when you open the workbook, or what? -- HTH Bob Phillips "Angie" wrote in message ... I have filter media that I need to order every week and some filter medias I have too much of. I need a formula that can tell me the exact date I need to order and how much. I have an example of what I have so far: C9 is Weekly Usage 2,000 D9 is Actual Inventory Date 10/06/05 20,000 E9 Firm Future Receipts week ending 10/10/05 0 F9 Projected Inventory weeking ending 10/10/05 18,000 G9 Days on hand Projected 10 days My lead time is 60 days Can anyone please help me with a formula that can calculate the exact date and quantity I need to order? Thank you, Angie |
My pseudo-formula was an attempt to show you how to do it, which you should
be able to adapt to the data. If you are still struggling, post some real example data with your expected results, with cell details (column & row).. -- HTH Bob Phillips "Angie" wrote in message ... Bob, No, I do not have values and dates in the same cell. I would like to be notified in the way of a formula. Thank you in advance for your help. Angie "Bob Phillips" wrote: Do you have dates and a value in the same cell? If the lead time is 60 days, and you have 10 days of stock you need to order now. To determine, you would just check if the days on hand is less than lead time + a factor, and if so, order. So say you wanted to order with a week's slack time, use something like =IF(days_on_handlead_time+7,"no need to order", "ORDER NOW!!") But how do you want to be notified, with a formula, some pop-up message when you open the workbook, or what? -- HTH Bob Phillips "Angie" wrote in message ... I have filter media that I need to order every week and some filter medias I have too much of. I need a formula that can tell me the exact date I need to order and how much. I have an example of what I have so far: C9 is Weekly Usage 2,000 D9 is Actual Inventory Date 10/06/05 20,000 E9 Firm Future Receipts week ending 10/10/05 0 F9 Projected Inventory weeking ending 10/10/05 18,000 G9 Days on hand Projected 10 days My lead time is 60 days Can anyone please help me with a formula that can calculate the exact date and quantity I need to order? Thank you, Angie |
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