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Inventory Spreadsheet formula

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  1. #1
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    Inventory Spreadsheet formula

    I'm trying to set up an inventory spreadsheet for my work, but i'm running into a snag.

    What I want to do is have three columns that interact with eachother.

    1. Units in stock
    2. Reorder Level
    3. Reorder Tolerance
    4. Status

    What I want, is to have the status column react in one of three ways. Either "In Stock", "Reorder Needed" and "Out of Stock".

    So if units in stock is at 110, with a reorder level of 100, and a tolerance of 10%, I want the Status to show "Reorder Needed" with a red cell color. But if stock is at 111 or more, I want it to be shown as "In Stock". Zero should be "Out of Stock".

    Any help would be appreciated.

  2. #2
    Forum Expert martindwilson's Avatar
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    Re: Inventory Spreadsheet formula

    in c1 =IF(A1<=B1+(10%*B1),"0ut","in")
    where a1=stock
    b1=level
    conditional format is
    =A1<=B1+(10%*b1)
    Last edited by martindwilson; 11-05-2009 at 08:47 PM.
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  3. #3
    Forum Expert shg's Avatar
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    Re: Inventory Spreadsheet formula

    Welcome to the forum.

    You're more likely to get useful help if you post a workbook and explain the behavior you want in context, with some examples.
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  4. #4
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    Re: Inventory Spreadsheet formula

    This isn't pretty and I'm sure there will be more suggestions for ways to do this easier. But here is my try
    Attached Files Attached Files

  5. #5
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    Re: Inventory Spreadsheet formula

    Wow, thanks guys, i'm going to give it a shot right now.

  6. #6
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    Thumbs up Re: Inventory Spreadsheet formula

    That spreadsheet works perfectly, thank you! I have to figure out how the formula works myself so I can use it in my spreadsheet, but yeah, that's exactly what I want it to do.

  7. #7
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    Re: Inventory Spreadsheet formula

    How are you getting Status to reference the F and G rows in that spreadsheet? I used the formula in mine, and I can't get it to pick up those values.

  8. #8
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    Re: Inventory Spreadsheet formula

    Hi

    I am a newbie here

    Will certainly download the excel example and start learning from it.

    Thank you Puzzel

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