<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Tim Lovelock &#187; statistical functions</title>
	<atom:link href="http://www.timlovelock.net/tag/statistical-functions/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.timlovelock.net</link>
	<description>Materials / Master Scheduling / Production Control / Supply Chain Management Professional</description>
	<lastBuildDate>Sun, 22 Aug 2010 16:37:09 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0.1</generator>
		<item>
		<title>Simple MRP Model Using OFFSET Function in Excel</title>
		<link>http://www.timlovelock.net/2009/12/10/simple-mrp-model-using-offset-function-in-excel/</link>
		<comments>http://www.timlovelock.net/2009/12/10/simple-mrp-model-using-offset-function-in-excel/#comments</comments>
		<pubDate>Thu, 10 Dec 2009 06:02:23 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[Excel Tips]]></category>
		<category><![CDATA[analysis]]></category>
		<category><![CDATA[Excel]]></category>
		<category><![CDATA[logical functions]]></category>
		<category><![CDATA[lookup functions]]></category>
		<category><![CDATA[materials management]]></category>
		<category><![CDATA[MRP]]></category>
		<category><![CDATA[OFFSET]]></category>
		<category><![CDATA[production]]></category>
		<category><![CDATA[statistical functions]]></category>

		<guid isPermaLink="false">http://timlovelock.net/?p=379</guid>
		<description><![CDATA[While I do quite a bit of data analysis and manipulation in Excel using pivot tables, logical functions, lookup functions, and statistical functions, I haven&#8217;t spent much time learning Reference Functions in Excel. Given that my day job is centered around production schedules and materials requirements planning (MRP), I wanted to try to create a [...]]]></description>
			<content:encoded><![CDATA[<p>While I do quite a bit of data analysis and manipulation in Excel using pivot tables, logical functions, lookup functions, and statistical functions, I haven&#8217;t spent much time learning <strong>Reference Functions in Excel.</strong></p>
<p>Given that my day job is centered around production schedules and materials requirements planning (MRP), I wanted to try to create a simple MRP model that utilized reference functions. The new function for me is the <strong>OFFSET</strong> function. After using it I can certainly recommend it, <span style="text-decoration: underline;">although if anyone knows a better way to accomplish the same thing in a more elegant fashion please leave a comment below and I&#8217;ll give it a shot in the next iteration</span>. No matter how much I already know, I&#8217;m always trying to improve my Excel skills.</p>
<p>I am assuming you have an idea how MRP works in materials management or you wouldn&#8217;t have read this far, but if you need a tutorial <a title="MRP" href="http://en.wikipedia.org/wiki/Material_Requirements_Planning">Wikipedia</a> is a decent place to start. In simplest terms, it is the recipe for building a product; it calculates how many components it takes to build a quantity of end-items, and when the components need to be ordered.</p>
<p>Download the <a class="downloadlink" href="http://www.timlovelock.net/wp-content/plugins/download-monitor/download.php?id=3" title="Version1 downloaded 249 times" >Single-Level MRP Model (249)</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.timlovelock.net/2009/12/10/simple-mrp-model-using-offset-function-in-excel/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
	</channel>
</rss>
