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bugrimmar said:
nordlead said:
bugrimmar said:

i still don't get it. can you be less technical? lol

 

 

Lets say you sell (on average) 10 items per week.

You have 20 items of stock.

You therefore have 2 weeks of sales in stock. 2 * 10 = 20

what? ..... i still don't get it. am i an idiot?

 

 Yes you are but good news idiocy is curable with knowledge. So let me try to cure you....

If you have 2 weeks worth of stock that means you have enough items to last you through 2 weeks on average sales.

So take average sales and times it by how many worth of weeks you have and you will get around as much items that you have in stock.

Take your stock and divide it by average and that will tell you how many weeks you have.

Demonstration:

Let's say you sell 100 items per week.

You have 500 items.

To find how many weeks worth of stock you have you divide your stock by your average.

so 500 (your total amount of items you have avaible to you) divided by 100 (how many you normally sell each week) equals 5 weeks worth.

That means you can last 5 weeks with your current stock without replenishing your stock at all (assuming you sell your average and not more or less)