Rough example below. I have a column of week ending dates next to weekly sales next to end of week stock holding and I need to add a column that shows how mnay weeks the stock will last for providing I buy no more stock. The formula for a manufacturer includes raw goods and unfinished product in inventory. My result shows for the month of JAN-11 Closing stock will cover just 3.03 weeks. So a ten day period could be 2 or 3 weeks/parts of weeks. ie: ( I hope this little table makes sense!) Hi, I am looking for a one cell formula that can be copied down, that will give me my forward inventory cover. Formula: Calculate The Weeks Cover Of Current Inventory Jun 10, 2008. I can't thank you enough. It just tells us how many seven day periods there were. Week Sales Stock Cover 1 150 500 3.2 2 150 500 2.8 3 150 700 3.6 The formula can be applied to one week, one month or a year, but must be the same for each value of the formula. This is called your pre-injury average weekly earnings. Due to likely Reply With Quote. Single cell formula to calculate weeks cover of stock on forward sales. You have been most kind. You then have to calculate what this amounts to over a period of 52 weeks. Then the next 7 days are week two. Calculate the weeks cover of current inventory based on a sales forecast. The formula for the number of weeks between two dates is not correct. The WEEKNUM function takes a date and returns a week number (1-54) that corresponds to the week of year. The loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week period after the loan is made; and Employee and compensation levels are maintained. the forecast is in weekly buckets so I was thinking using some form of loop statement within the function which basically starts with the inventory figure then subtracts the forecast week by week until the inventory figure is less than the weekly … Weeks start on Sunday and end on Saturday. [u]Example[/u]: Start on Saturday. Use powdered formula: Across brands, powdered infant formula tends to be cheaper than liquid forms. So, the initial 13 weeks is paid at 95% gross of your pre-injury average weekly earnings including shift penalties and so forth. Oh my, thank you so much! The WEEKNUM function starts counting with the week that contains January 1. Reply: To find out how many weeks there are between two dates, we can use the DATEDIF function with “D” unit to return the difference in days, and then divide the result by 7. Saturday is last day of week one. Second, you use this total to calculate your WorkCover payments. To explain, forward cover is the number of weeks or days that I have of inventory as cover for a specific level of inventory at a particular period of time, based on forecast sales. Check with your insurance provider: If your baby needs a specific kind of formula, your insurance provider may cover it. The formula to be used is: The solution we get is in weeks: If we want, we can wrap the DATEDIF formula in the ROUNDDOWN function, which always rounds the number towards zero: Depending on which type of insurance you have, you can open a health savings account (HSA). The first one works just perfectly and it is suitable to fit into the actual document I use; which is rather large. For example, 2-person coverage with 8-hour rotating shifts requires: 8.4 employees with 40-hour work weeks (which would have to be rounded up to 9 employees) 8 employees working an average of 42 hours a week; The schedules that average 40 hours a week always use five 8-hour shifts per week or four 10-hour shifts per week. As I am not 100% sure how the formula is working, please help me to correct it or make it simpler for me. The above formula is an example of a company that sells finished goods. Payroll costs are capped at $100,000 on an annualized basis for each employee. WEEKNUM takes two arguments: a date, and (optionally) return_type, which controls the scheme used to calculate the week number.. By default, the WEEKNUM function uses a scheme where week 1 begins on January 1, … For example looking at JAN-11 Closing Stock level, how many weeks.days will this stock cover based on future Actual/Forecast (which are in Month Buckets).
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