Weighted average of %

drluke

Active Member
Joined
Apr 17, 2014
Messages
314
Office Version
  1. 365
Platform
  1. Windows
I need to do a allocation of time spent with customers using weighted averages

I have 10 customers with a % of total of all time spent for each (I don't know the total of all time).

I spend 50% of my time with Customer A004. I need to allocate the remaining 50% of my time to the remaining customers using a weighted average of the % of total time spent, as shown in the table below. Is there a formula I can use to perform this calculation.
[TABLE="class: grid, width: 300"]
<tbody>[TR]
[TD]CUSTOMER[/TD]
[TD]% Time[/TD]
[/TR]
[TR]
[TD]A001[/TD]
[TD]27%[/TD]
[/TR]
[TR]
[TD]A002[/TD]
[TD]15%[/TD]
[/TR]
[TR]
[TD]A003[/TD]
[TD]3%[/TD]
[/TR]
[TR]
[TD]A004[/TD]
[TD]8%[/TD]
[/TR]
[TR]
[TD]A005[/TD]
[TD]1%[/TD]
[/TR]
[TR]
[TD]A006[/TD]
[TD]4%[/TD]
[/TR]
[TR]
[TD]A007[/TD]
[TD]2%[/TD]
[/TR]
[TR]
[TD]A008[/TD]
[TD]18%[/TD]
[/TR]
[TR]
[TD]A009[/TD]
[TD]12%[/TD]
[/TR]
[TR]
[TD]A010[/TD]
[TD]10%[/TD]
[/TR]
[TR]
[TD]TOTAL TIME[/TD]
[TD]100[/TD]
[/TR]
</tbody>[/TABLE]
 

Excel Facts

Is there a shortcut key for strikethrough?
Ctrl+S is used for Save. Ctrl+5 is used for Strikethrough. Why Ctrl+5? When you use hashmarks to count |||| is 4, strike through to mean 5.
If A001 is cell A2, then C2 should be:
=B2*(1-0.5)/(1-SUMIF(A$2:A$11,"A004",B$2:B$11))

Copy that formula down through C11 and delete it fir cell C5 and you will have your percentages to allocate.
 
Upvote 0

Forum statistics

Threads
1,223,893
Messages
6,175,240
Members
452,621
Latest member
Laura_PinksBTHFT

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