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20 points Use your inventory spreadsheet from assignment 1 Add a column (if you dont have one yet) that gives a product numb
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In the table below, two if formulas are used. One in calculating the revised re-order level. The formula used is =IF(H4>I4,IF(I4-H4<30,E4,G4),G4). The other formula is used to calculate the Quantity to be ordered. The formula used is =IF(E4<=J4,L4,0). Formulas for row 4 shown.

Col A Col B Col C Col D Col E Col F Col G Col H Col I Col J Col K
Rows Inventory ID Product Name Unit price Quantity in stock Inventory Value (Unit price * Quantity) Reorder level Last purchase price rise information available Current Date Revised reorder level Quantity to order (2 months' consumption to order) Consumption per month (Units)
4 1 Mechanical item 1 5 5 25 5 2-Feb-19 10-Oct-19 5 10 10
5 2 Mechanical item 2 6 10 60 8 20-Oct-19 10-Oct-19 10 12 12
6 3 Electrical item 1 7 12 84 15 25-Oct-19 10-Oct-19 12 20 20
7 4 Electrical item 2 8 13 104 15 5-May-19 10-Oct-19 15 25 25
8 5 Lab equipment 9 14 126 20 5-Apr-19 10-Oct-19 20 25 25
9
10 54 399
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