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can you please help me to work out these instructions and what formulas and which steps to use in excel would be greatly appreciated? Section
can you please help me to work out these instructions and what formulas and which steps to use in excel would be greatly appreciated?
Section C C1 C2 C3 C4 The following are to be completed in the Inventory Worksheet Go to the Inventory Sheet. This sheet contains a list of all the items the company keep in stock to build the robotics. Each part is identified by a unique code. Convert the Range A3:153 to a Table. Name the table Inventory. Name the following ranges: A4:A53 Code E4:E53 Cost_Price (and any other ranges you feel may prove useful) In F3:F53 calculate the retail price (paid by customer) using the Cost Price and the % Markup in L3. (Note the markup may be changed and your calculation should still produce the correct answer.) L4 indicates the maximum stock level. In G3:653 create a formula to check if the quantity in stock is over the maximum stock in L4 (this level can be adjusted). If it is over the stock level put Yes in the cell, otherwise leave it empty (do not put No or a space). Formula should copy down, check it is working correctly. L5 indicates the minimum stock level while column D indicates if an item is on back order (already been reordered). If a stock item is below the minimum and not on Backorder (is blank) we need to reorder it. In H3:53 create a formula to check if the item needs to be re-ordered. If it does put Yes in the cell, otherwise leave it empty (do not put No or a space). Formula should copy down, check it is working correctly. Reorder quantities are based on price as shown in the Reorder Quantities data (K11:L16), e.g. currently for items that cost from $100 up to (but not including) $300 we re-order 35. Create a calculation in 14 that will check if we need to reorder and if so return the correct reorder amount otherwise return 0. Ensure the formula is copied down for the whole table. Note stock levels and reorder quantities will change, you should have one consistent calculation for the column and the calculations should work regardless of values or sort order of the inventory data. In L6 calculate how many item codes require reordering. In L7 calculate how many item codes are over stocked. Use Excel's built in help to investigate the SUMPRODUCT function. In L8 calculate the total cost of all inventory items currently in stock. 1 Inventory In Stock On Backorder Over-Stocked Re-Order? Reorder Qty % Ma roup Maximum Stock Level Minimum Stock Level No. Item Codes to re-order No. Item Codles Over-Stocked Total Inventory Value 0 0 Yes Reorder Quantities! Item Cost | Re-Order ty 11 24 2 26 $0 50 Yes $100 $300 YES 35 20 101 Yes 0 $1.000 5 Yes 3 Code 4 C1019 5 M1021 6 M1022 7 R1001 8 R1002 9 R1003 10 R1004 11 R1005 12 R1006 13 R1007 14 R1023 15 R1024 16 R1025 17 51008 18 $1009 19 S1010 20 $1011 21 S1012 22 51013 23 51014 24 S1015 25 $1016 26 51017 27 S1018 29 S1020 29 C1219 30 M1221 31 M1222 32 R1201 33 R1202 34 R1203 35 R1204 36 R1205 37 R 1206 38 R1207 39 R1223 40 R1224 41 R 1225 42 S120B 43 S1209 44 S1210 45 S1211 46 S1212 47 S1213 48 51214 49 51215 50 51216 51 51217 52 S1218 53 S1220 Description Connector Pack MGX 8025 Chip Set MGX 8066 Chip Set Robot Motor Kit Robot Kit 33A Rabot Kit 3BA Robot Kit 3BG Robot Kit SP3 Robot Kit 446 Robot Kit 555 Relays - Small Pack Relays - Medium Pack Relays. Large Pack Servo Motors A21 (4 pack) Servo Motors 21 (4 pack) Servo Motors A21 (8 pack) Servo Motors B 21 (8 pack SMC Pneumatic Part3-44 SMC Pneumatic Part X-22 SMC Pneumatic Port X-33 SMC Pneumatic Part 3-47 SMC Pneumatic Port 3-48 SMC Pneumatic X 200mm SMC Pneumatic X 250mm SD Drive emc Connector Pack em MGX B025 Chip Set lemc MGX 8066 Chip Set leme Robot Motor Ki lamc Robot Kit 33A lemc Robot Kit 3A emc Robot Kit 3BG emc Robot Kit SP3 lemc Robot Kit 448 lemc Robot Kit 555 Leme Relays - Small Pack amc Relays - Medium Pack emc Relays - Large Pack emc Servo Motors A21 (4 pack Jemc Servo Motors B21 (4 pack Jemc Servo Motors A21 (8 pack leme Servo Motors 21 (8 pack! Jem SMC Pneumatic Part 3-44 emc SMC Pneumatic Part X-22 lemc SMC Pneumatic Part X-33 emc SMC Pneumatic Part 3-47 emc SMC Pneumatic Part 3-48 em SMC Pneumatic X 200mm em SMC Pneumatic X 250mm Jame SD Drive Cost Price (each) $70.90 $129.90 $151.20 $1,387,00 $2.171.50 T $2.798.10 $2,711.901 $2, 745.00 $3.028.80 I $3,292.60 $272.80 $298.50 $313.00 $915.30 1 $1.061.40 $1.662.50 $1.980.00 $605.80 S776.40 $764.40 $717 201 $734,80 $537.60 $723.60 $89.901 $71.60 $132.301 $158.40 $1,372.40 $2.428.40 $2.745.90 $3.000.40 $3,080.50 $3,186.60 $2.934.00 $225.70 $319.10 $342.301 $867.10 $990.00 $1.715.00 $1,860.00 5717.80 $798.201 $819.50 $762.60 $814.70 $571.20 $710.2011 $99.40 Retail Price $90.75 $166.14 $193.54 $1,775.36 $2.779.52 $3.581.57 $3,471.231 $3,513,601 $3.876.86 $4,214.53 $349.18 $382.08 $400.64 $1.171.58 $1,358.59 $2,128.00 $2534,401 $775.42 $993.79 $978,43 $918.02 $940.54 $688.131 $926,211 $115.07 $91.65 $169,34 $202.75 $1756.67 $3.108.35 $3.514.621 $3.840.51 $3.943.04 $4,078.85 $3.755.52 $288.90 $499.45 $439.141 $1,109.891 $1.267.20 $2.195.20 $2,380.801 $918.78 $1.021.70l $1.048.96 $976.13 $1,042.82 $731.141 $909.06 $127.23 JUNONO YES Section C C1 C2 C3 C4 The following are to be completed in the Inventory Worksheet Go to the Inventory Sheet. This sheet contains a list of all the items the company keep in stock to build the robotics. Each part is identified by a unique code. Convert the Range A3:153 to a Table. Name the table Inventory. Name the following ranges: A4:A53 Code E4:E53 Cost_Price (and any other ranges you feel may prove useful) In F3:F53 calculate the retail price (paid by customer) using the Cost Price and the % Markup in L3. (Note the markup may be changed and your calculation should still produce the correct answer.) L4 indicates the maximum stock level. In G3:653 create a formula to check if the quantity in stock is over the maximum stock in L4 (this level can be adjusted). If it is over the stock level put Yes in the cell, otherwise leave it empty (do not put No or a space). Formula should copy down, check it is working correctly. L5 indicates the minimum stock level while column D indicates if an item is on back order (already been reordered). If a stock item is below the minimum and not on Backorder (is blank) we need to reorder it. In H3:53 create a formula to check if the item needs to be re-ordered. If it does put Yes in the cell, otherwise leave it empty (do not put No or a space). Formula should copy down, check it is working correctly. Reorder quantities are based on price as shown in the Reorder Quantities data (K11:L16), e.g. currently for items that cost from $100 up to (but not including) $300 we re-order 35. Create a calculation in 14 that will check if we need to reorder and if so return the correct reorder amount otherwise return 0. Ensure the formula is copied down for the whole table. Note stock levels and reorder quantities will change, you should have one consistent calculation for the column and the calculations should work regardless of values or sort order of the inventory data. In L6 calculate how many item codes require reordering. In L7 calculate how many item codes are over stocked. Use Excel's built in help to investigate the SUMPRODUCT function. In L8 calculate the total cost of all inventory items currently in stock. 1 Inventory In Stock On Backorder Over-Stocked Re-Order? Reorder Qty % Ma roup Maximum Stock Level Minimum Stock Level No. Item Codes to re-order No. Item Codles Over-Stocked Total Inventory Value 0 0 Yes Reorder Quantities! Item Cost | Re-Order ty 11 24 2 26 $0 50 Yes $100 $300 YES 35 20 101 Yes 0 $1.000 5 Yes 3 Code 4 C1019 5 M1021 6 M1022 7 R1001 8 R1002 9 R1003 10 R1004 11 R1005 12 R1006 13 R1007 14 R1023 15 R1024 16 R1025 17 51008 18 $1009 19 S1010 20 $1011 21 S1012 22 51013 23 51014 24 S1015 25 $1016 26 51017 27 S1018 29 S1020 29 C1219 30 M1221 31 M1222 32 R1201 33 R1202 34 R1203 35 R1204 36 R1205 37 R 1206 38 R1207 39 R1223 40 R1224 41 R 1225 42 S120B 43 S1209 44 S1210 45 S1211 46 S1212 47 S1213 48 51214 49 51215 50 51216 51 51217 52 S1218 53 S1220 Description Connector Pack MGX 8025 Chip Set MGX 8066 Chip Set Robot Motor Kit Robot Kit 33A Rabot Kit 3BA Robot Kit 3BG Robot Kit SP3 Robot Kit 446 Robot Kit 555 Relays - Small Pack Relays - Medium Pack Relays. Large Pack Servo Motors A21 (4 pack) Servo Motors 21 (4 pack) Servo Motors A21 (8 pack) Servo Motors B 21 (8 pack SMC Pneumatic Part3-44 SMC Pneumatic Part X-22 SMC Pneumatic Port X-33 SMC Pneumatic Part 3-47 SMC Pneumatic Port 3-48 SMC Pneumatic X 200mm SMC Pneumatic X 250mm SD Drive emc Connector Pack em MGX B025 Chip Set lemc MGX 8066 Chip Set leme Robot Motor Ki lamc Robot Kit 33A lemc Robot Kit 3A emc Robot Kit 3BG emc Robot Kit SP3 lemc Robot Kit 448 lemc Robot Kit 555 Leme Relays - Small Pack amc Relays - Medium Pack emc Relays - Large Pack emc Servo Motors A21 (4 pack Jemc Servo Motors B21 (4 pack Jemc Servo Motors A21 (8 pack leme Servo Motors 21 (8 pack! Jem SMC Pneumatic Part 3-44 emc SMC Pneumatic Part X-22 lemc SMC Pneumatic Part X-33 emc SMC Pneumatic Part 3-47 emc SMC Pneumatic Part 3-48 em SMC Pneumatic X 200mm em SMC Pneumatic X 250mm Jame SD Drive Cost Price (each) $70.90 $129.90 $151.20 $1,387,00 $2.171.50 T $2.798.10 $2,711.901 $2, 745.00 $3.028.80 I $3,292.60 $272.80 $298.50 $313.00 $915.30 1 $1.061.40 $1.662.50 $1.980.00 $605.80 S776.40 $764.40 $717 201 $734,80 $537.60 $723.60 $89.901 $71.60 $132.301 $158.40 $1,372.40 $2.428.40 $2.745.90 $3.000.40 $3,080.50 $3,186.60 $2.934.00 $225.70 $319.10 $342.301 $867.10 $990.00 $1.715.00 $1,860.00 5717.80 $798.201 $819.50 $762.60 $814.70 $571.20 $710.2011 $99.40 Retail Price $90.75 $166.14 $193.54 $1,775.36 $2.779.52 $3.581.57 $3,471.231 $3,513,601 $3.876.86 $4,214.53 $349.18 $382.08 $400.64 $1.171.58 $1,358.59 $2,128.00 $2534,401 $775.42 $993.79 $978,43 $918.02 $940.54 $688.131 $926,211 $115.07 $91.65 $169,34 $202.75 $1756.67 $3.108.35 $3.514.621 $3.840.51 $3.943.04 $4,078.85 $3.755.52 $288.90 $499.45 $439.141 $1,109.891 $1.267.20 $2.195.20 $2,380.801 $918.78 $1.021.70l $1.048.96 $976.13 $1,042.82 $731.141 $909.06 $127.23 JUNONO YESStep by Step Solution
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