Hi,
I am a business user with very little BPC experience.
There is a BPC 10 (NW) model that has a "production rate" account tracking monthly production in barrels per day. The default YTD measure just adds up all the monthly numbers, which is incorrect since we are not tracking volume, but rather a rate.
The calculation I would like to implement should be:
"YTD rate" = Sum(monthly "production rate" x "number of days in month") / Sum("number of days in month")
For example, if my "production rate" for January is 20 and for February is 30, then YTD number should be not 50, but 24.75 [calculated as (20x31 + 30x28) / (31+28) ]
Ideally this would be implemented as a real-time calculation without a batch job to run and I was thinking about something like a custom measure or something.
Any suggestions or better still - step by step instructions - would be highly appreciated.
Joe