Production Work-in-Progress inventory forecast by a unit

Description
This comprehensive template is an invaluable resource for financial modelers and FP&A specialists involved in unit-based production. It streamlines the forecasting of Work-in-Progress (WIP) by a produced unit through a series of meticulously designed tabs.
The "Manufacturing Schedule" tab, the foundation of this template, performs two essential functions. Firstly, it calculates the production hours per unit, utilizing an expected learning rate to provide a reasonable estimate. Secondly, it generates a manufacturing schedule that spans starting and ending months. This schedule is determined by the annual production rate and the number of units produced simultaneously, offering a clear road map for production planning.
Moving to the "Generic Profile" tab, it takes the production hours per unit and distributes them on a monthly basis. This distribution is accomplished using a generic profile, which highlights the anticipated average labor distribution per unit over time. This tab aids in visualizing labor requirements across different months, aiding in resource allocation and management.
The final gem in this template is the "Inventory Build-out" tab, which adds automation to WIP calculations per unit. It computes cumulative inventory per unit and calculates the Cost of Goods Sold (COGS) per unit.
In summary, this template is a vital tool for planners and analysts, simplifying WIP forecasting, production planning, and cost analysis.