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A running total or rolling total is the summation of a sequence of numbers which is updated each time a new number is added to the sequence, by adding the value of the new number to the previous running total. Another term for it is partial sum. The purposes of a running total are twofold.
Quarter-to-date (QTD) is a period starting at the beginning of the current quarter and ending at the current date.Quarter-to-date is used in many contexts, mainly for recording results of an activity in the time between a date (exclusive, since this day may not yet be “complete”) and the beginning of either the calendar or fiscal quarter.
Combining the two enables the page headers to show any fixed or movable festival observed on the day, and whether it is a bank holiday. The algorithm utilises the integral or floor function: thus ⌊ ⌋ is that part of the number x which lies to the left of the decimal point. It is only necessary to work through the complete function when ...
The last quarter of the year is the fourth quarter or Q4. This quarter takes place in October, November and December. Q4 is the time when most companies have to hustle.
For example, if the normal schedule for a quarter is defined as 411.25 hours ([35 hours per week × (52 weeks per year – 5 weeks' regulatory vacation)] / 4), then someone working 100 hours during that quarter represents 100/411.25 = 0.24 FTE. Two employees working in total 400 hours during that same quarterly period represent 0.97 FTE.
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The time of day is sometimes represented as a decimal fraction of a day in science and computers. Standard 24-hour time is converted into a fractional day by dividing the number of hours elapsed since midnight by 24 to make a decimal fraction. Thus, midnight is 0.0 day, noon is 0.5 d, etc., which can be added to any type of date, including (all ...
The US system has weeks from Sunday through Saturday, and partial weeks at the beginning and the end of the year, i.e. 52 full and 1 partial week of 1 or 2 days if the year starts on Sunday or ends on Saturday, 52 full and 2 single-day weeks if a leap year starts on Saturday and ends on Sunday, otherwise 51 full and 2 partial weeks.