Skip to main content
Solved

Inventory of animals - possible circular reference.

  • August 17, 2023
  • 1 reply
  • 124 views

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:

  1. Source input = the amount to start with
  2. Closing balance (Sheep) = previous(Year) + Source input + previous(Year)*Lambing rate
  3. Amortisation  = (Closing balance * Lambing rate) [select: Year-1]
  4. Opening balance (Lamb) = Closing balance[select: Year-1]

 

Please let me know if that helps getting your Sheep on their feet. 🐑

Best,
Benoit

View original
Did this topic help you find an answer to your question?

Benoit
Community Manager
Forum|alt.badge.img+13
  • Community Manager
  • August 17, 2023

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:

  1. Source input = the amount to start with
  2. Closing balance (Sheep) = previous(Year) + Source input + previous(Year)*Lambing rate
  3. Amortisation  = (Closing balance * Lambing rate) [select: Year-1]
  4. Opening balance (Lamb) = Closing balance[select: Year-1]

 

Please let me know if that helps getting your Sheep on their feet. 🐑

Best,
Benoit


Reply


Cookie policy

We use cookies to enhance and personalize your experience. If you accept you agree to our full cookie policy. Learn more about our cookies.

 
Cookie settings