Hey Guys and Girls!
We are trying to run a formula to help us with reordering our stock.
we have set the order rate at 7.53, which is the average amount of time we would usually take to order from this supplier. We have also we the average days it takes to order this specific product.
so we ran an if statement which works fine when the stock rate is more then the reorder rate, as it returns value of 1. We then order 1 item.
But I need the if statement to keep adding up until it reaches the order rate, so we know how many to order when then frequency of order is less than the average reorder.
Average Reorder Frequency 7.53
Frequency of order for this product 4
so we should order a box every 4 days, but our average reorder frequency is 7.53 days, so in affect we would order 2 boxes almost every week until we reach max, then we would order 1, because or stock of that product wont run out before next order
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