I am modelling the flock of sheep over a period of time.
The logic: 2023 sheep * lambing percentage = 2023 Lambs born
After one year the lambs born are added to flock of sheep. 2023 sheep + 2023 lambs
This is then multiplied by you lambing percentage to get you current year lambs births.
(2023 sheep + 2023 lambs)*lambing percentage = 2024 Lambs
And this repeats for the following years.
Best answer by Benoit
Hi Angus,
I believe you can reverse the logic by starting from your output, I’ve just answered a similar question here:
https://community.pigment.com/questions-conversations-40/asset-amortisation-schedule-1453?postid=3184#post3184
You can transpose these calculation steps:
Source input = the amount to start with Closing balance (Sheep) = previous(Year) + Source input + previous(Year)*Lambing rate Amortisation = (Closing balance * Lambing rate) [select: Year-1] Opening balance (Lamb) = Closing balance[select: Year-1]
Please let me know if that helps getting your Sheep on their feet. 🐑
Best, Benoit
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