Book Image

DAX Cookbook

By : Greg Deckler
Book Image

DAX Cookbook

By: Greg Deckler

Overview of this book

DAX provides an extra edge by extracting key information from the data that is already present in your model. Filled with examples of practical, real-world calculations geared toward business metrics and key performance indicators, this cookbook features solutions that you can apply for your own business analysis needs. You'll learn to write various DAX expressions and functions to understand how DAX queries work. The book also covers sections on dates, time, and duration to help you deal with working days, time zones, and shifts. You'll then discover how to manipulate text and numbers to create dynamic titles and ranks, and deal with measure totals. Later, you'll explore common business metrics for finance, customers, employees, and projects. The book will also show you how to implement common industry metrics such as days of supply, mean time between failure, order cycle time and overall equipment effectiveness. In the concluding chapters, you'll learn to apply statistical formulas for covariance, kurtosis, and skewness. Finally, you'll explore advanced DAX patterns for interpolation, inverse aggregators, inverse slicers, and even forecasting with a deseasonalized correlation coefficient. By the end of this book, you'll have the skills you need to use DAX's functionality and flexibility in business intelligence and data analytics.
Table of Contents (15 chapters)

Analyzing order cycle time

There are many types of cycle times when it comes to businesses, especially when it comes to analyzing manufacturing and supply chain processes. In general, all of these various cycle times are simply the time between two events. For example, order cycle time, or OCT, is the time between orders being placed. In other words, OCT compares the time of the first order with the time of the second order and calculates the duration between the two events.

This recipe demonstrates how to calculate OCT as well as a closely associated metric, order lead time (OLT).

Getting ready

To prepare for this recipe, do the following:

  1. Open Power BI Desktop.
  2. Import the data from the Ch09R06Data.xlsx Excel file located...