Tuesday, December 29, 2015

The upcoming year

Right smack in the middle of the busiest time of the year for the business (this time of year we sell fireworks for New Year) I have opportunity to reflect a bit on the upcoming year and what 2016 will bring of challenges and joys.

Friday, December 4, 2015

Vessel Fuel Consumption - or Restarting Running Sum

I got a question recently from Morten Braten whether my FIFO analytic techniques could be helpful for calculating the value of fuel consumption for cargo vessels. It turned out not to be quite the same, but similar. Analytic functions definitely could help.

I'll show how in two parts. First this blog post will calculate the fuel consumption in quantity, then part two will calculate the value by FIFO.