azbasketcat
New Member
- Joined
- Feb 20, 2010
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This is a unique problem I have never encountered and I wanted to see if I could get some thoughts.
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I am working on 5-year monthly projections in a clinical trial environment. Each trial will have different start and end dates, different number of participants and a different length of participation. Ultimately, I will be forecasting revenue based on the number of participants enrolled in a trial in a given month times an average monthly revenue.
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Here is an example of assumptions I will make for a given trial:
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For example, assume that we enroll a patient once every two months (24 months / 12 participants) and each participant is enrolled in the trial for 6 consecutive months before completing the study. One of the other keys to this forecast is to stop forecasting new participants once the “Total Participants enrolled in the study” have been reached.
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Below is how I envision the first year of the model. I appreciate any thoughts on how to approach this. Thanks!!
<TABLE style="WIDTH: 906pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=1209 border=0 x:str><COLGROUP><COL style="WIDTH: 187pt; mso-width-source: userset; mso-width-alt: 9106" width=249><COL style="WIDTH: 48pt" width=64><COL style="WIDTH: 51pt; mso-width-source: userset; mso-width-alt: 2486" span=9 width=68><COL style="WIDTH: 53pt; mso-width-source: userset; mso-width-alt: 2596" span=4 width=71><TBODY><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 187pt; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=249 height=17></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 48pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=64></TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 53pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=71>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 53pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=71>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 53pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=71>Year 1</TD><TD class=xl26 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 53pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver" width=71></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl26 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver">YTD</TD></TR><TR style="HEIGHT: 13.5pt" height=18><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 13.5pt; BACKGROUND-COLOR: transparent" height=18></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40574">1/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40602" x:fmla="=EOMONTH(C3,1)">2/28/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40633" x:fmla="=EOMONTH(D3,1)">3/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40663" x:fmla="=EOMONTH(E3,1)">4/30/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40694" x:fmla="=EOMONTH(F3,1)">5/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40724" x:fmla="=EOMONTH(G3,1)">6/30/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40755" x:fmla="=EOMONTH(H3,1)">7/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40786" x:fmla="=EOMONTH(I3,1)">8/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40816" x:fmla="=EOMONTH(J3,1)">9/30/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40847" x:fmla="=EOMONTH(K3,1)">10/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40877" x:fmla="=EOMONTH(L3,1)">11/30/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40908" x:fmla="=EOMONTH(M3,1)">12/31/2011</TD><TD class=xl27 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: silver" x:num="40908" x:fmla="=N3">12/31/2011</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl28 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Enrolled Participants, beginning of period</TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0" x:fmla="=C8">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1" x:fmla="=D8">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1" x:fmla="=E8">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="2" x:fmla="=F8">2 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="2" x:fmla="=G8">2 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=H8">3 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=I8">3 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=J8">3 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=K8">3 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=L8">3 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=M8">3 </TD><TD class=xl29 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver" x:num="0" x:fmla="=C5">- </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>New participants</TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl29 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver" x:num="6" x:fmla="=SUM(C6:N6)">6 </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Participants completed trial</TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="-1">(1)</TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="-1">(1)</TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="-1">(1)</TD><TD class=xl29 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver" x:num="-3" x:fmla="=SUM(C7:N7)">(3)</TD></TR><TR style="HEIGHT: 13.5pt" height=18><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 13.5pt; BACKGROUND-COLOR: transparent" height=18>Enrolled Participants, end of period</TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="0" x:fmla="=SUM(C5:C7)">- </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="1" x:fmla="=SUM(D5:D7)">1 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="1" x:fmla="=SUM(E5:E7)">1 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="2" x:fmla="=SUM(F5:F7)">2 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="2" x:fmla="=SUM(G5:G7)">2 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(H5:H7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(I5:I7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(J5:J7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(K5:K7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(L5:L7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(M5:M7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(N5:N7)">3 </TD><TD class=xl30 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: silver" x:num="3" x:fmla="=SUM(O5:O7)">3 </TD></TR></TBODY></TABLE>
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
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I am working on 5-year monthly projections in a clinical trial environment. Each trial will have different start and end dates, different number of participants and a different length of participation. Ultimately, I will be forecasting revenue based on the number of participants enrolled in a trial in a given month times an average monthly revenue.
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Here is an example of assumptions I will make for a given trial:
- Enrollment start date: 01/01/2011
- Length of enrollment period: 24 months
- Enrollment end date: 12/31/12
- Total participants enrolled in study: 12
- Treatment length: 6 months
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For example, assume that we enroll a patient once every two months (24 months / 12 participants) and each participant is enrolled in the trial for 6 consecutive months before completing the study. One of the other keys to this forecast is to stop forecasting new participants once the “Total Participants enrolled in the study” have been reached.
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Below is how I envision the first year of the model. I appreciate any thoughts on how to approach this. Thanks!!
<TABLE style="WIDTH: 906pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=1209 border=0 x:str><COLGROUP><COL style="WIDTH: 187pt; mso-width-source: userset; mso-width-alt: 9106" width=249><COL style="WIDTH: 48pt" width=64><COL style="WIDTH: 51pt; mso-width-source: userset; mso-width-alt: 2486" span=9 width=68><COL style="WIDTH: 53pt; mso-width-source: userset; mso-width-alt: 2596" span=4 width=71><TBODY><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 187pt; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=249 height=17></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 48pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=64></TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 51pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=68>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 53pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=71>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 53pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=71>Year 1</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 53pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" width=71>Year 1</TD><TD class=xl26 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 53pt; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver" width=71></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl22 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent">Projected</TD><TD class=xl26 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver">YTD</TD></TR><TR style="HEIGHT: 13.5pt" height=18><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 13.5pt; BACKGROUND-COLOR: transparent" height=18></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40574">1/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40602" x:fmla="=EOMONTH(C3,1)">2/28/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40633" x:fmla="=EOMONTH(D3,1)">3/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40663" x:fmla="=EOMONTH(E3,1)">4/30/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40694" x:fmla="=EOMONTH(F3,1)">5/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40724" x:fmla="=EOMONTH(G3,1)">6/30/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40755" x:fmla="=EOMONTH(H3,1)">7/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40786" x:fmla="=EOMONTH(I3,1)">8/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40816" x:fmla="=EOMONTH(J3,1)">9/30/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40847" x:fmla="=EOMONTH(K3,1)">10/31/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40877" x:fmla="=EOMONTH(L3,1)">11/30/2011</TD><TD class=xl23 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" x:num="40908" x:fmla="=EOMONTH(M3,1)">12/31/2011</TD><TD class=xl27 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: silver" x:num="40908" x:fmla="=N3">12/31/2011</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl28 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Enrolled Participants, beginning of period</TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0" x:fmla="=C8">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1" x:fmla="=D8">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1" x:fmla="=E8">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="2" x:fmla="=F8">2 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="2" x:fmla="=G8">2 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=H8">3 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=I8">3 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=J8">3 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=K8">3 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=L8">3 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=M8">3 </TD><TD class=xl29 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver" x:num="0" x:fmla="=C5">- </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>New participants</TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="1">1 </TD><TD class=xl29 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver" x:num="6" x:fmla="=SUM(C6:N6)">6 </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Participants completed trial</TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="-1">(1)</TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="-1">(1)</TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="0">- </TD><TD class=xl24 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent" x:num="-1">(1)</TD><TD class=xl29 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: silver" x:num="-3" x:fmla="=SUM(C7:N7)">(3)</TD></TR><TR style="HEIGHT: 13.5pt" height=18><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 13.5pt; BACKGROUND-COLOR: transparent" height=18>Enrolled Participants, end of period</TD><TD style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="0" x:fmla="=SUM(C5:C7)">- </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="1" x:fmla="=SUM(D5:D7)">1 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="1" x:fmla="=SUM(E5:E7)">1 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="2" x:fmla="=SUM(F5:F7)">2 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="2" x:fmla="=SUM(G5:G7)">2 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(H5:H7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(I5:I7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(J5:J7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(K5:K7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(L5:L7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(M5:M7)">3 </TD><TD class=xl25 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" x:num="3" x:fmla="=SUM(N5:N7)">3 </TD><TD class=xl30 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: silver" x:num="3" x:fmla="=SUM(O5:O7)">3 </TD></TR></TBODY></TABLE>