I'm trying to automate storage fees. We need to charge for materials that sit on our floor. In most cases there is a monthly print run that would remove a portion of the inventory. I thought it would be great if I could have excel do the lifting for me. Here is an example of what I'm looking at.
Variable data;
Time frame in number of months - 11 (first month is free)
Total weight - 12,000 lbs
Weight per skid - 1,000 lbs
Cost per skid - $8
I divide the total weight by 12, then multiple by 11 (months) then divide by the skid weight and round up. I then take this number (in this case 11) and multiply by $8 = $88 for the first month. I repeat this process for the remaining 10 months and come up with $1056.
Is there a simple way to do this? Thanks in advance for you help!
Chris
Bookmarks