Formula Forensics No. 031 – Production Scheduling using Excel
Your the production manager and have a need to schedule uneven resource across uneven requirements, how can you do that?
Well today we’ll look at Resource Allocation and Scheduling using Excel to do the hard work
Use Indexed charts when understanding change [Charting Techniques]
Today, lets talk about indexing, a technique used to compare changes in values over time.
What is indexing?
Lets say you want to compare prices of Gold & Coffee over last few years. Gold price in 2011 (oct) is $1,655 per ounce. And now (sept 2012) it is $1,744. Like wise, Silver price in 2011 is $32.06 and in 2012 it is $33.61. How do we compare such diverse numbers?
Enter indexing.
First we need to calculate price of Gold and Silver in 2012 assuming their starting price is 100. This can be done with simple arithmetic.
Now, we can easily compare the prices. Looking at the indexed prices, we can conclude that both Gold & Silver prices have gone up by similar percentage (~5%).
Formula Forensics No. 030 – Extracting a Sorted, Unique List, Grouped by Frequency of Occurrence
Today at Formula Forensics, Guest author Sajan shows us how to extract a sorted, unique list of items, displaying the most frequently occurring items first, while restricting the output based on some additional criteria.
18.2 Tips on Rounding numbers using Excel Formulas
Lets talk round numbers today.I have 18.2 tips for you on round numbers.
We can use a variety of formulas to round numbers in Excel depending on the situation. We have ROUND, ROUNDUP, ROUNDDOWN, MROUND, INT, TRUNC, CEILING, FLOOR, FIXED, EVEN, ODD and few more. To know how to use all these formulas and how to round numbers based on any criteria, just read on.
OFFSET formula – Explained
Today, lets learn OFFSET formula.
OFFSET formula gives us reference to a range, from a given starting point with given height and width in cells.
OFFSET formula syntax
OFFSET formula looks like this:
=OFFSET(starting point, rows to move, columns to move, height, width)
Starting point: This is a cell or range from which you want to offset
Rows & columns to move: How many rows & columns you want to move the starting point. Both of these can be positive, negative or zero. More on this below.
Height & width: This is the size of range you want to return. For ex. 4,3 would give you a range with 4 cells tall & 3 cells wide.
Read on…,
How many values are common in 2 lists? [homework]
Here is a formula challenge for you. Lets say we have 2 lists of values in A1:A10 & B1:B10 Now, how do you find the number of common values in both lists? We just want the count, not list of common values it self. Go ahead and figure out the formula and post your answers […]
Interactive Pivot Table Calendar & Chart in Excel!
Can we make a calendar using Pivot Tables?!? Of course we can. Today let us learn a simple technique to create calendar style reports using Pivot tables. Thanks to Rob for inspiration Before making any progress, let me thank Rob from PowerPivotPro for the inspiration. Recently he wrote an article explaining how to use PowerPivot […]