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MBE 7 Column L Demand Filled, the number of orders filled each month If demand is less than or equal to the available inventory, the

MBE 7 Column L Demand Filled, the number of orders filled each month
If demand is less than or equal to the available inventory, the entire demand is satisfied. If
demand exceeds the available inventory, only the demand up to the available inventory is
satisfied.
In L3 enter: = MIN(Available Inventory for month 1,Demand for month 1)
You are to write the formula for L3 yourself copy it to L4 thru L14
Column M Ending Inventory, the number of units carried over to the next month
If the demand is less than or equal to the available inventory units, carry over the remaining
inventory to the next month, otherwise there is no inventory to start the next month
M3= MAX(Available Inventory for month 1Demand Filled for month 1,0)
You are to write the formula for M3 yourself copy it to M4 thru M14
We use this max function so that we never try to carry a negative inventory; note that
demand not satisfied is not backordered, the sale is simply lost
Column N Stockout, the number of orders not filled
If the demand exceeds the available inventory we have a stockout; if demand is less than
available inventory there is no stockout
N3= IF(Demand for month 1>Available inventory for Month 1,
Demand for Month 1-Available inventory for Month 1,0)
You are to write the formula for N3 yourself copy it to N4 thru N14 Adding more constraints can lead to a more optimal answer:

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