Calculating Forecast Accuracy As A Percentage |
Calculating Forecast Accuracy As A Percentage - Excel |
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I am wanting to calculate forecast accuracy compared to sales where I have one column with actual sales figures and two other columns with forecasts. What I need to do is display the accuracy of each forecast against actual sales in terms of a percentage.
Simply showing the percentage difference is not good enough (can be anywhere from -200% to +200% as our sales guys are rubbish at forecasting), I need to show the accuracy as a figure from 0% to 100%.
I've been mucking around with this for over three hours and not getting anywhere.
Can anyone provide some assistance?
Simply showing the percentage difference is not good enough (can be anywhere from -200% to +200% as our sales guys are rubbish at forecasting), I need to show the accuracy as a figure from 0% to 100%.
I've been mucking around with this for over three hours and not getting anywhere.
Can anyone provide some assistance?
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Need a formula to calculate weeks stock in hand based on 12 months forecast.
Here is the example.
Jan2011 Feb2011 Mar2011 Apr2011 May2011 Jun2011 Jul2011 Aug2011 Sep2011 Oct2011 Nov2011 Dec2011 ----------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- Product XXXXX Actual/Forecast : 174 1674 574 574 524 524 524 524 524 728 728 728 New Purchases : 0 0 0 0 1002 0 0 0 0 0 0 0 Goods In Transit: 0 1506 0 0 0 0 0 0 0 0 0 0 Other Movements : 0 0 0 0 0 0 0 0 0 0 0 0 Closing Stock : 1270 1102 528 -46 432 -92 -616 -1140 -1664 -2392 -3120 -3848 Week Stock in Hand ? ? ? ? ? ? ? ? ? ? ? ?
So, in Month of Jan2011 the Closing stock is 1270, need a formula to calculate how many weeks will this stock cover look at future forecast.
Here is the example.
Jan2011 Feb2011 Mar2011 Apr2011 May2011 Jun2011 Jul2011 Aug2011 Sep2011 Oct2011 Nov2011 Dec2011 ----------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- Product XXXXX Actual/Forecast : 174 1674 574 574 524 524 524 524 524 728 728 728 New Purchases : 0 0 0 0 1002 0 0 0 0 0 0 0 Goods In Transit: 0 1506 0 0 0 0 0 0 0 0 0 0 Other Movements : 0 0 0 0 0 0 0 0 0 0 0 0 Closing Stock : 1270 1102 528 -46 432 -92 -616 -1140 -1664 -2392 -3120 -3848 Week Stock in Hand ? ? ? ? ? ? ? ? ? ? ? ?
So, in Month of Jan2011 the Closing stock is 1270, need a formula to calculate how many weeks will this stock cover look at future forecast.
Hi there
I am trying to calculate our On Time Delivery. I want this as a simple percentage of jobs. I have got this running in the following way:
Column M - Estimated Delivery dates
Column N - Actual Delivery dates
Column O - =IF(SUM(M2-N2)>0,1,0)
Then I have calculated On Time Delivery as: =SUM((SUM(O2:O252))/(COUNTA(N2:N252)))
This seems to work fine. My problem is, if we enter a date in Estimated without a corresponding Actual date, the formula for Column O fills out anyway and improves our On Time Delivery Percentage. How can I set this up so that the formula doesn't calculate if there is no data in Column N?
Any help much appreciated
Thanks,
James
I am trying to calculate our On Time Delivery. I want this as a simple percentage of jobs. I have got this running in the following way:
Column M - Estimated Delivery dates
Column N - Actual Delivery dates
Column O - =IF(SUM(M2-N2)>0,1,0)
Then I have calculated On Time Delivery as: =SUM((SUM(O2:O252))/(COUNTA(N2:N252)))
This seems to work fine. My problem is, if we enter a date in Estimated without a corresponding Actual date, the formula for Column O fills out anyway and improves our On Time Delivery Percentage. How can I set this up so that the formula doesn't calculate if there is no data in Column N?
Any help much appreciated
Thanks,
James
I have a spreedsheet that shows some percentages example( 9.98% and 15.87%) I am needing to find a way to hide the percentage sign so that they just show as 9.98 and 15.87. The problem I am having is that are been worked out as a percentage, so changing the format of the cell does not work.
Can anyone help?
Thanks
Chris
Can anyone help?
Thanks
Chris
Hey everyone,
I'm really hoping someone can help me with this...
I need to plot percentages over time in a line graph in excel. I don't want to have to do a percentage equation in the spreadsheet, I just want excel to take two sets of values and display the percentage in the chart. For example, I need B1 as a percentage of B2 for week 1, C1 as a percentage of C2 for week 2, etc....
Can someone please offer a suggestion for how to do this? I would really appreciate it.
Also, would it be possible to link data from other sheets in the workbook into one single chart?
I'm really hoping someone can help me with this...
I need to plot percentages over time in a line graph in excel. I don't want to have to do a percentage equation in the spreadsheet, I just want excel to take two sets of values and display the percentage in the chart. For example, I need B1 as a percentage of B2 for week 1, C1 as a percentage of C2 for week 2, etc....
Can someone please offer a suggestion for how to do this? I would really appreciate it.
Also, would it be possible to link data from other sheets in the workbook into one single chart?
I am trying to correct a formula for a productivity worksheet in excel. The idea is that we would have the ability to input the number of hours worked each day and the number of direct hours (working with clients) per day. Then take the daily percentages and add them then devide them to determine the final productivity percentage for the week. Additionally not everyone works a full week so I would need it to only divide the percentages of the days that were completed. Any suggestions? or does anybody know a formula that would accomplish this already? I am good with basic excel and was able to identify a flaw in the current productivity sheet.
Hello all,
New to the forums.
I'm in the process of creating a new report and I'm stuck.
My report consists of a set target in a field, a score and percentage of target.
e.g Target is 400
score is 450.
Percentage is 1.125 of target. (=score/target)
Now what I would like to do is create a formula that does not go above 100% , but instead work in reverse if you go over the target.
E.g. Target 400 .. Score was 450 ... percentage of target is 87.5%
Thanks in advanced.
New to the forums.
I'm in the process of creating a new report and I'm stuck.
My report consists of a set target in a field, a score and percentage of target.
e.g Target is 400
score is 450.
Percentage is 1.125 of target. (=score/target)
Now what I would like to do is create a formula that does not go above 100% , but instead work in reverse if you go over the target.
E.g. Target 400 .. Score was 450 ... percentage of target is 87.5%
Thanks in advanced.
I have a list of 5 buildings each with different unit counts, and an average price sold for each building. How can I get the average price of all units sold?
A B
312 $1000
54 $1010
35 $1835
32 $1028
53 $1937
A B
312 $1000
54 $1010
35 $1835
32 $1028
53 $1937
This may be less of an Excel question than a general data display question, but I'll try here.
I have 3 variables that I'm charting. I have one on the primary axis and it's values are in the billions. I have one on the secondary axis and it's a percentage. I need to display a 3rd who's value is in the millions. If I put it on the primary axis, you cannot see modest changes.
Is there a tricky way to get all three on one graph? I know I could split on two graphs, so that's my backup plan.
Thanks,
Dave
I have 3 variables that I'm charting. I have one on the primary axis and it's values are in the billions. I have one on the secondary axis and it's a percentage. I need to display a 3rd who's value is in the millions. If I put it on the primary axis, you cannot see modest changes.
Is there a tricky way to get all three on one graph? I know I could split on two graphs, so that's my backup plan.
Thanks,
Dave
On my calculator, if I divide 462,534.05 by 335 I get 1,380.70. Then if I times 1,380.70 by 335 I get 462,534.50. Which is what I need it to be because I need to calculate the difference of a figure not dividing equally.
On excel, if I divide 462,534.05 by 335 I get 1,380.70. Then if I times 1,380.70 by 335 I get the SAME result of 462,534.05.
I have to account for the difference of not dividing equally so there is some format or accounting function that's preset that I don't want but I have no idea how to fix it or format my excel sheet to calculate as my calculator would.
Please can someone help? Thanks!
On excel, if I divide 462,534.05 by 335 I get 1,380.70. Then if I times 1,380.70 by 335 I get the SAME result of 462,534.05.
I have to account for the difference of not dividing equally so there is some format or accounting function that's preset that I don't want but I have no idea how to fix it or format my excel sheet to calculate as my calculator would.
Please can someone help? Thanks!
Hi,
I made a simple worksheet that we have been manually entering the time for employees, but there are too many errors (even with simple math). Can someone help me convert the time of ex: written 8-4:30 or 10-3 (meaning 8:00am to 4:30pm) where you have the total weekly hours? Right now I have a column for overtime. Is there a way to automatically calculate the over time also? The work day is 8-4:30 with a half hour lunch (lunch is not calculated into the hours, so you minus a half hour). 8-4:30 equals 8 hours. So, if a person works 8am to 6:30pm, how can I set it up where in the first row of time, I will type in 8-6:30pm. In the totals column to the far right, it will display 8 hours. In the (O.T.) column, it will display 2 hours.
This way, when I call in my payroll, I will have the total "regular" hours in one row and underneath, I will have the total overtime hours.
Or... does anyone have a better solution to keeping track of their hours?
Thanks!
Marty
I made a simple worksheet that we have been manually entering the time for employees, but there are too many errors (even with simple math). Can someone help me convert the time of ex: written 8-4:30 or 10-3 (meaning 8:00am to 4:30pm) where you have the total weekly hours? Right now I have a column for overtime. Is there a way to automatically calculate the over time also? The work day is 8-4:30 with a half hour lunch (lunch is not calculated into the hours, so you minus a half hour). 8-4:30 equals 8 hours. So, if a person works 8am to 6:30pm, how can I set it up where in the first row of time, I will type in 8-6:30pm. In the totals column to the far right, it will display 8 hours. In the (O.T.) column, it will display 2 hours.
This way, when I call in my payroll, I will have the total "regular" hours in one row and underneath, I will have the total overtime hours.
Or... does anyone have a better solution to keeping track of their hours?
Thanks!
Marty
I'm trying to come up with a solution to calculate the man hours and days worked over multiple sheets.
I have a file that has 8 sheets. the first seven sheets are the days of the week and the 8th sheet is where I want to calculate the hours.
The days of the week consists of "Name" "Date" Hours"
The 8th sheet consists of "Name", "Days of the week in their own column (7 columns in total)", "Total Hours" and "Total Days Worked"
Now... each day is always a different group and what I'm hoping for is to create a formula that can grab each name with their hours and throw them into the 8th sheet. So when the end of the week is done I have all the Employees weekly hours and days worked all finished.
I hope this makes sense. This file is to track about 100 employees that are on a rotational work schedule.
I have attached a sample file.
Thanks in advance for your help.
I have a file that has 8 sheets. the first seven sheets are the days of the week and the 8th sheet is where I want to calculate the hours.
The days of the week consists of "Name" "Date" Hours"
The 8th sheet consists of "Name", "Days of the week in their own column (7 columns in total)", "Total Hours" and "Total Days Worked"
Now... each day is always a different group and what I'm hoping for is to create a formula that can grab each name with their hours and throw them into the 8th sheet. So when the end of the week is done I have all the Employees weekly hours and days worked all finished.
I hope this makes sense. This file is to track about 100 employees that are on a rotational work schedule.
I have attached a sample file.
Thanks in advance for your help.
I am trying to calculate time based off a non-conventional quarter hour time system
example;
8:00 to 8:07 = 8.0 hrs
8:08 to 8:23 = 8.25 hrs
8:24 to 8:38 = 8.5 hrs
8:39 to 8:53 = 8.75 hrs
8:53 to 8:59 = 9.0 hrs
I am having trouble writing an equation that would sum the clock-in and clock-out times (2 per day) and display the total time in these quarter hours and adding an additional hour if it is >= to *:53. Any help would be great.
example;
8:00 to 8:07 = 8.0 hrs
8:08 to 8:23 = 8.25 hrs
8:24 to 8:38 = 8.5 hrs
8:39 to 8:53 = 8.75 hrs
8:53 to 8:59 = 9.0 hrs
I am having trouble writing an equation that would sum the clock-in and clock-out times (2 per day) and display the total time in these quarter hours and adding an additional hour if it is >= to *:53. Any help would be great.
Okay, so I tried (for hours) to find a solution to this and have finally gotten frustrated to the point where i think asking here will be my best bet.
Basically I want to export data from excel worksheets to various places on a word document I had. I have created a word template as well as bookmarks for that template, as that seems to be the recommendation for performing such a task with excel.
My problem is ... Now what?
I basically have 1 constant worksheet that contains all my affiliates info (Name, Address etc), which i'd like to use to populate some bookmarks in my word template, and then i have another worksheet for the previous month, indicating sales etc for that affiliate. I intend on adding a new worksheet every month that i would use to create new invoices.
Furthermore, i'd really like to be able to update a new file (or perhaps a new page on the same file) for each company with the use of a button, similar to the one's you'd see in an access form.
Can anyone help? Let me know if you need me to clarify.
Thanks!
Matt
Basically I want to export data from excel worksheets to various places on a word document I had. I have created a word template as well as bookmarks for that template, as that seems to be the recommendation for performing such a task with excel.
My problem is ... Now what?
I basically have 1 constant worksheet that contains all my affiliates info (Name, Address etc), which i'd like to use to populate some bookmarks in my word template, and then i have another worksheet for the previous month, indicating sales etc for that affiliate. I intend on adding a new worksheet every month that i would use to create new invoices.
Furthermore, i'd really like to be able to update a new file (or perhaps a new page on the same file) for each company with the use of a button, similar to the one's you'd see in an access form.
Can anyone help? Let me know if you need me to clarify.
Thanks!
Matt
Hi guys,
would really appreciate anyones help with this.
I have a column full of text-formatted fractions...
4/5
6/4
3/1
2/5
4/5
etc, etc.....the column is very long!!
I need to convert these to actual fractions...ones I can add to equations, allowing me to multiply and add.
If I highlight the column and goto "format Cells" and change to fraction, the values still stay in the left of the cell.....its only when I manually click on each individual cell, then tick the little green tick, does the cell validate, and the value in the cell moves to the right (and is therefore a proper value).....problem is I have to keep doing this for each individual cell.....and I have 70000+ cells in this column!
Any suggestions on how I could speed this up?
thanks
would really appreciate anyones help with this.
I have a column full of text-formatted fractions...
4/5
6/4
3/1
2/5
4/5
etc, etc.....the column is very long!!
I need to convert these to actual fractions...ones I can add to equations, allowing me to multiply and add.
If I highlight the column and goto "format Cells" and change to fraction, the values still stay in the left of the cell.....its only when I manually click on each individual cell, then tick the little green tick, does the cell validate, and the value in the cell moves to the right (and is therefore a proper value).....problem is I have to keep doing this for each individual cell.....and I have 70000+ cells in this column!
Any suggestions on how I could speed this up?
thanks
Hi
I have a table with various percentages, and I would like a formula to have an average of these. Please see attached file to get more of an idea.
Thanks
G
I have a table with various percentages, and I would like a formula to have an average of these. Please see attached file to get more of an idea.
Thanks
G
I need a formula to calculate overtime, after a work week of 40 hours.
for example: if an employee works 10 hours a day we would not count towards overtime until the employee completes a 40 hour work week.
Any suggestions would be greatly appreciated!!!!!
Thanks,
YV
for example: if an employee works 10 hours a day we would not count towards overtime until the employee completes a 40 hour work week.
Any suggestions would be greatly appreciated!!!!!
Thanks,
YV
I need a formula to calculate Turn Around Time. Find below the sample data and details for your reference.
Received Date & Time: 10/29/2010 3:27:00 PM
Completed Date & Time: 11/1/2010 3:57:32 AM
Business Hours: 08:00 AM to 05:00 PM
Non Business hours: 05:00 PM to 08:00 AM
Weekdays : Monday to Friday
Weekends: Saturday & Sunday
If I calculate TAT for this time period it should show me 1 hour 33 minutes, why because business hours are closing by 5:00 PM on 10/29 so it should not calculate duration after 5:00 PM to until 08:00 AM on next day, however 10/29 is Friday so formula should calculate the duration from 10/29 Friday 3:37 PM to 10/29 5:00 PM and again it should calculate from 8:00 AM on 11/01 Monday and formula should skip Saturday & Sunday.
In this scenario I have completed the task before 8:00 AM on 11/01 so it should show duration of 1hour 33 minutes.
Please let me know if you need any more details
Received Date & Time: 10/29/2010 3:27:00 PM
Completed Date & Time: 11/1/2010 3:57:32 AM
Business Hours: 08:00 AM to 05:00 PM
Non Business hours: 05:00 PM to 08:00 AM
Weekdays : Monday to Friday
Weekends: Saturday & Sunday
If I calculate TAT for this time period it should show me 1 hour 33 minutes, why because business hours are closing by 5:00 PM on 10/29 so it should not calculate duration after 5:00 PM to until 08:00 AM on next day, however 10/29 is Friday so formula should calculate the duration from 10/29 Friday 3:37 PM to 10/29 5:00 PM and again it should calculate from 8:00 AM on 11/01 Monday and formula should skip Saturday & Sunday.
In this scenario I have completed the task before 8:00 AM on 11/01 so it should show duration of 1hour 33 minutes.
Please let me know if you need any more details
I use Excel 2000 (9.0.2720)
In range A1:D10, I have entered the figures in actuals (e.g. 34532642.45,
78945624.89 etc.). How can I convert those figures in Lakhs / Thousands /
Crores? Before converting, Can Excel 2000 prompt me for conversion in Lacs /
Thousands / Crores?
In range A1:D10, I have entered the figures in actuals (e.g. 34532642.45,
78945624.89 etc.). How can I convert those figures in Lakhs / Thousands /
Crores? Before converting, Can Excel 2000 prompt me for conversion in Lacs /
Thousands / Crores?
Hello,
Please help!!!
We have a client who will pay using the 1/4, 1/2/ and 3/4 of an hour increments as follows:
From the hour mark to 6 minutes = 0 time paid
Over 7 minutes to 15 minutes = 1/4 hour 15
16 minutes to 30 minutes = 1/2 hour 30
30 minutes to 45 minutes = 3/4 hour 45
46 minutes to 60 minutes = one hour.
They work on shifts and the operation is 24 hours. Each gets 30 minutes for breaks which is not paid. Pay is biweekly and overtime is anything over 40 hours. Currently, the template we are using looks like this (sorry, I could not figure out how to paste it so you can see it in Excel layout):
WEEK 1 Sunday Monday Tuesday Wednesday Thursday Friday Saturday
5/16 5/17 5/18 5/19 5/20 5/21 5/22
TIME IN ENTER TIME, INCLUDE AM OR PM
TIME OUT
TIME IN
TIME OUT
TIME IN
TIME OUT
TIME IN Total Hours First Week
TIME OUT
HOURS WORKED-OR- choose one
*HOLIDAY WORKED
PAID HOLIDAY (not worked)
*OTHER PAID HOURS
EXPLANATION OF *HOLIDAY WORKED HRS OR *OTHER
I am very new to Excel and need help creating a formula that will allow us to calculate this timesheet? I am in desperate need for help.
Thanks..
Please help!!!
We have a client who will pay using the 1/4, 1/2/ and 3/4 of an hour increments as follows:
From the hour mark to 6 minutes = 0 time paid
Over 7 minutes to 15 minutes = 1/4 hour 15
16 minutes to 30 minutes = 1/2 hour 30
30 minutes to 45 minutes = 3/4 hour 45
46 minutes to 60 minutes = one hour.
They work on shifts and the operation is 24 hours. Each gets 30 minutes for breaks which is not paid. Pay is biweekly and overtime is anything over 40 hours. Currently, the template we are using looks like this (sorry, I could not figure out how to paste it so you can see it in Excel layout):
WEEK 1 Sunday Monday Tuesday Wednesday Thursday Friday Saturday
5/16 5/17 5/18 5/19 5/20 5/21 5/22
TIME IN ENTER TIME, INCLUDE AM OR PM
TIME OUT
TIME IN
TIME OUT
TIME IN
TIME OUT
TIME IN Total Hours First Week
TIME OUT
HOURS WORKED-OR- choose one
*HOLIDAY WORKED
PAID HOLIDAY (not worked)
*OTHER PAID HOURS
EXPLANATION OF *HOLIDAY WORKED HRS OR *OTHER
I am very new to Excel and need help creating a formula that will allow us to calculate this timesheet? I am in desperate need for help.
Thanks..
I've been poking around trying to figure this out but can't. The time of 9 hours, 15 minutes is being returned from a calculation but I want the cell to display the 9.25 hours instead. This seems like something simple on the surface, but apparently it's not. Any help would be appreciated!