Hi all,
I've been using this forum for support and self learning for a long time, but this is my first time posting.
I got math problem to solve in excel and I would really appreciate if some of you could assist me in how to set this up correctly in excel....
The equations is as follows;
PA = P * (Y * L / L0 + Z * M / M0 ) – P
where:
I've been using this forum for support and self learning for a long time, but this is my first time posting.
I got math problem to solve in excel and I would really appreciate if some of you could assist me in how to set this up correctly in excel....
The equations is as follows;
PA = P * (Y * L / L0 + Z * M / M0 ) – P
where:
PA = | Price adjustment |
P = | Price (let's use 100 as an example) |
Y = | Work component of price (expressed in %) |
L = | Labour index A (let's use 50 as an example) |
Lo = | Labour index B (let's use 100 as an example) |
Z = | Material component of price (expressed in %) |
M = | Material index A (let's use 50 as an example) |
Mo = | Material index B (let's use 100 as an example) |