Calculating the importance of which car spare parts should be expedited based on lead time

5afff

New Member
Joined
Jul 31, 2017
Messages
1
[FONT=&quot]Hi all,[/FONT]
[FONT=&quot]Imagine you run a fleet of thousands of vehicles. You have a few hundred which are not usable because they are waiting for one or more spare parts. You keep track of all the spare parts ETA to your workshop. I'm struggling to make a formula which would rank the whole list of spare parts on importance (which could then be used to expedite the delivery of the spare part to the workshop). So for example, if clutches were expedited, then 25 cars would be ready 5 days quicker.

The aim is to identify which spare parts to expedite, which would allow for the greatest number of vehicles back on the road, in the shortest amount of time.

[/FONT]
[FONT=&quot]I've looked into weighted averages, but cant seem to get it to work. What approach would you recommend?[/FONT]
 

Excel Facts

Why does 9 mean SUM in SUBTOTAL?
It is because Sum is the 9th alphabetically in Average, Count, CountA, Max, Min, Product, StDev.S, StDev.P, Sum, VAR.S, VAR.P.
Like you wrote, identify which would give the greatest number of vehicles back on the road in the shortest time.

Just explain how do you do that, and then model it in Excel.
 
Upvote 0

Forum statistics

Threads
1,224,823
Messages
6,181,177
Members
453,021
Latest member
Justyna P

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top