graemestown
New Member
- Joined
- May 10, 2019
- Messages
- 20
- Office Version
- 365
- Platform
- Windows
Hi All
I need to solve a 'forward cover' calculation. I work in retail.
Here is the problem
I end week 1 (start week 2) with 500 units of stock
If I sell 110 units in week 2 I end with 390 units of stock and so on. I have intake in week 4 which tops up my stock.
My question is. How many weeks of future sales will each closing stock value service. Starting in week 1 I know I have enough stock to service sales at least up to week 6 and then part of week 7. So the answer at this point would be 6, in week 2 the answer would be 5 and so on...
How do I do this with a formula which can be pulled across and constant evaluating how many weeks into the future my stock will last, the data will be perpetual?
I need to solve a 'forward cover' calculation. I work in retail.
Here is the problem
I end week 1 (start week 2) with 500 units of stock
If I sell 110 units in week 2 I end with 390 units of stock and so on. I have intake in week 4 which tops up my stock.
My question is. How many weeks of future sales will each closing stock value service. Starting in week 1 I know I have enough stock to service sales at least up to week 6 and then part of week 7. So the answer at this point would be 6, in week 2 the answer would be 5 and so on...
How do I do this with a formula which can be pulled across and constant evaluating how many weeks into the future my stock will last, the data will be perpetual?
Weeks | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
Sales | 110 | 120 | 130 | 140 | 150 | 160 | 170 | 180 | 190 | |
Opening Stock | 500 | |||||||||
Intake | 300 | |||||||||
Closing Stock | 500 | 390 | 270 | 440 | 300 | 150 | -10 | -180 | -360 | -550 |
Forward Cover | ?? |