Inventory Trend Tracking
May 31, 2007
Ive got an inventory of about 2000+ items as well as items that can be broken down into more specific groups such as colors, designs and sizes. What i want to know is how to get the correlation, thats excel function CORREL(), of each item for the time weve had it. The data I can provide is the monthly quanitity sold of the item.
For example I have item A.
Sold Month
5 1
7 2
4 3
5 4
and so on. Easy enough to do. My only problem is I would have to manually do that 2000+ times for my entire inventory to figure that out. What I wants is a command that can verify my item code, which is simple enough as I can convert the item code to something as simple as a string or leave it as is. Not every item has been in the system an equally long time though. If that were the case i could just copy it with blank cells to fill the space and copy and paste all the way down. So I need to find a way to get an IF statement to correlate the corresponding cells IF the item number matches the target cell. What I have right now is something to this extent.
=IF('2'!$A:$A,A1,CORREL('2'!$B:$B,'2'!$E:$E))
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Feb 12, 2007
I have a worksheet that has multiple units listed on it. Each unit has a materials used list with quantities. I want to reference this column to another sheet and get a total materials needed list and also reference it to my inventory and subtract that number from my materials on hand. how can I do this?
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Jan 29, 2010
So far I was able to find solutions to all of my small problems with excel just by searching here but with this one I need help and ideas how can it be done differently.
We need to track inventory from when its taken, when it was installed and we need to know every month when inventory is counted how much do we have on hand in our truck....
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Jun 28, 2007
A friend of mines wife has decided to get into MaryKay and he is wanting to create a spread sheet to keep track of the product she has.
He wants to be able to enter the product in and at the end of a show subtract whatever product she sold with a sheet showing what she has in stock.
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Jan 2, 2012
Quick rundown, I have a sales background, so other parts (accounting, inventory, etc) are what I want to improve so Im not running around when an order comes in, where is it, do I have it in stock.
I know microsoft has some templates, any worth downloading and starting with, then move the data or add functions to an inventory and accounting template to start, any other templates recommended for an online business.
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Mar 8, 2014
I am trying to create a worksheet that tracks the age o f the inventory in my warehouse. I am charged each week at an increasing rate and want to be able to track what these charges will be. I would like to be able to sum up the data below in a pivot table that shows how many units are falling into each age group, this would add up to a max o f 10 weeks o f increasing charges.
3/1/14 received 1000 units
3/6/14 ship 600 units
3/8/14 charge for 1 week at 400 units
3/8/14 receive 500 units (900 pieces on units)
3/13/14 ship 300 units
3/15/14 charged for 100 units at 2 weeks and 500 units at 1 week
This needs to be able to assume this is going on for 10 different items, I would like to be able to track the items independently and in bulk.
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Jul 7, 2009
I've been trying to come up with either a formula or a macro (I'm a novice in VBA so it would probably take me forever to figure it out) to track the FIFO balance (First In-First Out) of items at any given point in time. I have attached a sample spreadsheet with the example and all the notes that might help figuring this out.
I want to stress that I'm not trying to calculate any cumulative balance or any FIFO pricing whatsoever; just separate tracking of the purchase balances at any point in time after varous sales using the FIFO balance.
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Sep 10, 2012
How do I print multiple inventory labels based on our inventory levels?
For example:
Item No 1000
Descr Window
Customer Taylor
PO 9001
Quantity 10
Item No 1010
Descr Door
Customer Jones
PO 9011
Quantity 35
I want to print 10 labels with the info from Item No 1000 and 35 labels from Item No 1010????
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Aug 18, 2009
I had been trying really hard to get some solution on COGS valuation & inventory valuation on FIFO basis. my daily transactions are typical sales & purchases.
Attached is the inventory in/out movement from Quick Books. in the column "Num" type bill is the entry from purchase bill whihc always has a reference as P/O####. This is how i will capture the landed cost against a PO., another type "Inv Adj" is inter warehouse transfer. Name is cusotmer, Inventory is my item number. in some cases it is like "2000", in some cases it is 10000:10121, and in some cases it is 10000:10200:10201 that is why they fall in different columns when i export them.
What I would lilke to do: 1) Run a report by month, by customer showing cost of goods sold on FIFO basis, I can capture sales amount by running another report.
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Aug 8, 2006
I am not an excel whiz, so I will need layman's terms if possible. I may have found a solution to my problem under another thread, but I couldn't understand it. I have only briefly worked with macros, a very long time ago. Here goes...
I have an inventory list that has not been updated for sales of the inventory, only for purchases. I have sales lists, generally by month, in separate spreadsheets. I am looking for a simple, efficient way of either eliminating or at least matching up the data in the sales list to the inventory list in order to remove sold items from inventory (on paper). I am hoping the result will be a fairly accurate inventory list, and related value, so that a physical inventory count won't be necessary at this time. Obviously I could copy all of the sales info into one spreadsheet, sort by inventory number, then manually delete all sold items from the inventory listing. I am REALLY hoping there is a better option.
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Feb 27, 2007
I have a workbook. The second tab is inventory numbers and the first tab has my inventory items. I scan in the inventory number (unique) and it adds it to my inventory sheet. As I use inventory I scan the barcode and it inputs the serial number into my used inventory tab. What I need to do it when I scan the serial number for used inventory into the used inventory sheet to have it go to the inventory sheet and delete the line for that serial number.
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Jan 6, 2009
I have two columns where TREND does not work well. I want to calculate the TREND value of Column 2 (PERCENTILE RANK) based on a new RAW number. If I TREND between just the two rows, the value is fine (i.e. If I TREND between 105 and 110 RAW, I get the right PERCENTILE RANK if the new X value is 106 (which is 15.3% PERCENTILE RANK). How can I make a formula that will only look at the two rows and TREND just those two rows to give me the right PERCENTILE RANK.
RAW PERCENTILE RANK
10514
11020.4
11121.8
11729.5
11833
12342.5
12444.5
12954.4...........
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Apr 2, 2009
I'm trying to figure out how to do seasonal forecasting based on volumes. I tried to use FORECAST but the numbers are not accurate.
I have actual data to work with to come up with my forecasting on a monthly basis. Our yearly calender is from Nov 08 to Oct 09.
Here's a sample of the data....
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Jan 12, 2010
I have a simple x y scatter graph, to which i have a trend line running through it, fine.
what i need to do is fine some values according to that trend line. e.g. my X axis goes up to 60 and my Y axis goes to 10, so if i draw accross at 55 from the trend line, i then go down to a number on my Y axis.
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Dec 14, 2008
What I have is a column (column A) that only has two data entries at any one time.
I need column B to fill in the trend of those two data points.
My problem is I don't know how to deal with the cells that say #N/A. Which is every cell other than the two cells with data.
If I replace the #N/As with say 1, then it messes up the trend data points.
It seems like I need to be using the trend command, but any solution would be welcome.
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Nov 23, 2011
When using the Trend function, I can get the value for individual future periods. I then can get a total for the year by summing each individual future period.
What I don't know how to do is sum them all using one formula. For instance, If I know the values of periods 1-5, how would I write a formula that would sum the future values (in one cell) of periods 6-12 -- without having to sum each future period individually?
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Aug 5, 2008
1. I use a number of x,y pairs
2. From x,y pairs I produce "scatter" type chart
3. From the chart I get trend line and its equation e.g. 5-order polinominal
4. I convert equation into excel formula
5. I apply formula onto the same range of x argument and produce graph
6. The graph is very much different from the trend line!!! I would expect exact match as I use equation/formula for the trend line.
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Sep 6, 2006
I am trying to use VBA to find a value on a trendline. I have been unable to call the TREND function from Excel, and I can't see what I'm doing wrong. I'm using the following line of
point25 = WorksheetFunction.TREND( Range("d2:d25"), Range("c2:c25"), 25)
I keep getting "Runtime error 1004 - Unable to get the Trend property of the WorksheetFunction class".
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Oct 5, 2006
I need to analyse trends between a range of cells. The idea is to display an image of a triangle pointing up if the percentage between the current month and the previous is bigger, a triangle pointing down if the percentage has decreased or a rectangle if both months are the same. I've tried to build a userform to ask the user to input the range and then analyze the data...with no luck at all.
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Jan 4, 2007
I am using the Forecast formula to give me a value from a Linear trend. However I need to limit the resulting value that is displayed within a min and max value. Background: This is to allow me to calculate the amount of bonus someone will earn depending on the Percentages of their target they achieve. The min bonus is 25% when 80% of target is achieved and max bonus is 100% when 125% or greater of target is achieved.
So the Forecast formular works great using the existing values, but i need help limiting the results to between 25% and 100%. I was trying to use a sumif formula to copy the resulting cell but only if the value fell between the 25 and 100%. I've attached the spreadsheet as I think it will highlight what i'm trying to do better than I can explain it.
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Mar 3, 2007
I am trying to use the TREND worksheet function on a vba array. I keep getting Runtime error 1004: Unable to get the TREND property of the WorksheetFunction Class. I can bypass the error (like it were a search with no result), but I get no result of any kind from the function. My search of other threads yields nothing concrete, but causes a guess that it may have to be used on a worksheet range not a vba array. But that's not actually stated in any of the threads, and I find no documentation to that effect. Is this the issue or is it something else altogether?
Sub test()
Dim knowny As Variant
Dim knownx As Variant
Dim newx As Integer
Dim myval As Integer
knowny = Array(2, 4, 6, 8, 10)
knownx = Array(1, 2, 3, 4, 5)
newx = 6
'On Error Resume Next
myval = Application.WorksheetFunction.Trend(knowny, knownx, newx)
' 'next error, err as normal.
' On Error GoTo 0
' Err.Clear
Debug.Print myval
End Sub
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Dec 5, 2007
On top of these graphs, i draw a line (insert a line shape) corresponding to a certain gradient in the data presented. I do not want this line to be exact (i.e. not point to point) as it is best to be drawn by eye so that the general 'gist' of the data can be found. What i would like, using any method available, is to be able to find the gradient of this line i have just drawn which obviosuly must be done taking into account the scale of the graph. The scales of the graph will not be consistent across all applications.
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Jun 24, 2014
I've created a graph from data and need to add an average/net impact/trend line to the graph. From what I've read this needs to be an XY scatter, however, several efforts later and I can't seem to get it to work for me.
0514_Costs_DRAFT_ExcelF.xlsx
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Jul 15, 2014
i have a stacked bar chart, similar to this: [URL] What i need is a trend line, similar to this: [URL] that shows the average of the bottom bar to date.
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Jan 10, 2014
Ok so heres an example workbook:
Book5.xlsx
As you can see from the workbook, each column's amount of numbers depends on the data pulled from an index/match function.
These numbers will change and I want the TREND function to dynamically change with the data.
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May 15, 2014
I'm having difficulty figuring out how to line graph two separate dates. I also want to show a trend.
I was first thinking I would need two graphs, but is there a way to merge into one?
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Aug 29, 2013
I am forecasting some numbers and I wanted to see which function would be best suited for my task. I used the TREND function and then the FORECAST, I was expecting the same results but appeared to have slight differences.
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Jan 23, 2014
I am trying to fit a cooling graph with a trendline and I have found the power line to fit the best, as well as corresponding with Newton's law of cooling. However, I am not savvy enough to discuss how similar or dissimilar the two equations are!
the resulting equations from two different curves are as follows:
y=4305 x^-0.87733
y=4025 x^-0.91004
both fits have an R^2 of 0.996.
I am analyzing two scenarios of cooling the same object with three variables, one intended (the extraction of energy using water flow in one case, and no extraction in the other) and the others not under my control: different starting temperatures and different ambient temperatures. I need to understand if these are generally the same curve, or how very different are they? is there any statistical way to represent their relationship?
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Feb 8, 2007
I want to show a stock chart in Open-High-Low-CLose format, then I hope that a trend line can be displayed at the same chart, what can I do? It seems like that stock chart can't be merged with another chart
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Feb 10, 2008
So I'm trying to forecast the number of passengers for an airport based on their past 7 years performance. I used "TREND" to forecast the passenger number from 2008 through to 2012 with a little problem and the numbers seems reasonable. However, When I do a scatter diagram and add a trend line, my R squared value is VERY low something around 0.03. I have a limited statistical knowledge but I assume this value should be above 0.90 in order for a good fit with trend line.
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