Projected Inventory Run Out Date

D

dowdc

New Member
Joined
Jun 6, 2011
Messages
28
Hi All, I need a formula that provides the date inventory will run out based on a quantity on hand and a demand forecast. I'm assuming an array function will be necessary.

I would like to assume that the demand per month is evenly spread per day. For example, Item 123A has 500 units on hand. Based on the forecast, I would run out of inventory sometime in July. I would like the run out date to assume a demand of 11.29 units per day in July (350/31) and give me a run out date of 7/17/19.

Appreciate your help!


[TABLE="width: 500"]
<tbody>[TR]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="class: xl65, width: 64, align: left"]Item #[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="class: xl65, width: 64, align: left"]Inventory On Hand[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 89"]
<tbody>[TR]
[TD="class: xl65, width: 89, align: left"]Run Out Date[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="class: xl65, width: 64, align: right"]5/1/2019[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="class: xl65, width: 64, align: right"]6/1/2019[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="class: xl65, width: 64, align: right"]7/1/2019[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="class: xl65, width: 64, align: right"]8/1/2019[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="class: xl65, width: 64, align: right"]9/1/2019[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 69"]
<tbody>[TR]
[TD="class: xl65, width: 69, align: right"]10/1/2019[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 69"]
<tbody>[TR]
[TD="class: xl65, width: 69, align: right"]11/1/2019[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 69"]
<tbody>[TR]
[TD="class: xl65, width: 69, align: right"]12/1/2019[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 62"]
<tbody>[TR]
[TD="class: xl65, width: 62, align: right"]1/1/2020[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 62"]
<tbody>[TR]
[TD="class: xl65, width: 62, align: right"]2/1/2020[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="class: xl65, width: 64, align: right"]3/1/2020[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="class: xl65, width: 64, align: right"]4/1/2020[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[/TR]
[TR]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: left"]123A[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]500[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]100[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]200[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]350[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]200[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD]325[/TD]
[TD]370[/TD]
[TD]500[/TD]
[TD]200[/TD]
[TD]100[/TD]
[TD]350[/TD]
[TD]400[/TD]
[TD]100[/TD]
[/TR]
[TR]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: left"]678B[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]2000[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]300[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]800[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]600[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD]200[/TD]
[TD]100[/TD]
[TD]700[/TD]
[TD]600[/TD]
[TD]400[/TD]
[TD]300[/TD]
[TD]500[/TD]
[TD]300[/TD]
[TD]300[/TD]
[/TR]
[TR]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: left"]843C[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]200[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]5[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]20[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][TABLE="width: 64"]
<tbody>[TR]
[TD="width: 64, align: right"]50[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD]50[/TD]
[TD]20[/TD]
[TD]18[/TD]
[TD]20[/TD]
[TD]5[/TD]
[TD]75[/TD]
[TD]80[/TD]
[TD]75[/TD]
[TD]30[/TD]
[/TR]
</tbody>[/TABLE]
 

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