My Math Forum Calculate monthly goals towards an all-up target
 User Name Remember Me? Password

 Applied Math Applied Math Forum

 October 10th, 2017, 11:00 AM #1 Newbie   Joined: Oct 2017 From: St. Louis Posts: 2 Thanks: 0 Calculate monthly goals towards an all-up target My business has an all-up target for this year's subscription revenue (e.g. $100,000). We came out of last year with revenue (e.g.$50,000) that we expect to maintain, but there's no guarantee that we will. Subscription revenue comes in monthly so I need to be able to measure our year-to-date progress towards monthly goals. Monthly goals will grow linearly since a month's goals will include the previous month plus growth. All of the monthly goals should sum up to the year's revenue target. I'm hoping there is a means by which I can calculate the monthly goals. Thoughts? Last edited by jfattic; October 10th, 2017 at 11:14 AM.
October 10th, 2017, 07:02 PM   #2
Math Team

Joined: Oct 2011
From: Ottawa Ontario, Canada

Posts: 11,664
Thanks: 740

Quote:
 Originally Posted by jfattic My business has an all-up target for this year's subscription revenue (e.g. $100,000). We came out of last year with revenue (e.g.$50,000) that we expect to maintain, but there's no guarantee that we will....
Where does the 100,000 come in...when you expect 50,000 ?
What d'heck is an "all-up target"?
Your post is almost impossible to "follow".
Can you clarify what you're after, using an actual example; thank you.

Last edited by Denis; October 10th, 2017 at 07:05 PM.

October 11th, 2017, 02:35 AM   #3
Senior Member

Joined: Apr 2014
From: Glasgow

Posts: 2,087
Thanks: 700

Math Focus: Physics, mathematical modelling, numerical and computational solutions
Quote:
 Originally Posted by Denis Where does the 100,000 come in...when you expect 50,000 ? What d'heck is an "all-up target"? Your post is almost impossible to "follow". Can you clarify what you're after, using an actual example; thank you.
I guess he has revenue coming in every month and the revenue will eventually lead up to a total. The idea is to create a variable that, month by month, changes depending on the month's revenue which gives the likelihood of hitting or exceeding some target value at the end of the year.

October 11th, 2017, 05:31 AM   #4
Newbie

Joined: Oct 2017
From: St. Louis

Posts: 2
Thanks: 0

Quote:
 Originally Posted by Benit13 I guess he has revenue coming in every month and the revenue will eventually lead up to a total. The idea is to create a variable that, month by month, changes depending on the month's revenue which gives the likelihood of hitting or exceeding some target value at the end of the year.
That's correct, Benit. This is relatively common for companies that sell subscription sales.

100,000 = SUM of all 12 monthly goals
50,000 = last year's revenue; alternatively, I also have the final month revenue from last year (let's say it's 20,000 for this example)

Example:
Month 01 target = 20,000 + new1
Month 02 target = 20,000 + new1 + new2
Month 03 target = 20,000 + new1 + new2 + new3
etc. up to Month 12

I was thinking that I could use y=mx+b, where b=20,000 (slope-intercept), but since I only have the annual target, I'm not sure how to proceed.

 Tags allup, calculate, goals, monthly, target

 Thread Tools Display Modes Linear Mode

 Similar Threads Thread Thread Starter Forum Replies Last Post mattadams84 Probability and Statistics 0 August 23rd, 2015 08:40 AM extjsjquery Algebra 1 December 19th, 2013 01:03 PM Lupeto Applied Math 0 November 6th, 2010 03:48 AM

 Contact - Home - Forums - Cryptocurrency Forum - Top

Copyright © 2018 My Math Forum. All rights reserved.